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Re: If we Inherited 120 acres, selling off 10 acres. Does the Estate pay that step-up or do we need to assign that part of the property to one of us and they pay the step-up?
M-MTax
Level 15
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Deductions & credits
The basis of the property is stepped up to its FMV as of the date of death of the decedent.
‎November 26, 2025
7:57 AM
