- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
That's understandable. We'll get it sorted out. Sounds like an inheritance if your father retained control. If that's the case, you'll use the Fair Market Value of the property on the date of your father's death as the Purchase Price. Do you have a deed that shows when you assumed ownership?
‎June 3, 2019
10:12 AM