I'm the administrator and an heir for an estate where the decedent was a PA state resident. I'm trying to determine the "Basis of Home". I did not obtain a real estate appraisal for the property around the date of death in April 2019. The house was in poor condition and I paid for an estate cleanout. I sold the property for approximately $117k almost a year later in March 2020. May I use the 2019 local county real estate tax statement taxable market value of approximately $134k for the "stepped-up basis"? If not, how should I determine the "Basis of Home"?
