djsult
New Member

Deductions & credits

I inherited property in 2020 from a friend.  He left me no money or insurance. I was the sole heir and Executrix. It took me 25 months to sell it.  I paid ALL the bills for 25 months. I paid inheritance taxes.  The value of the property at his death filed on the inheritance tax return is $169,133.41. What tax Form do I use and can I claim ALL the expenses for the last two years?