Business & farm


@Carl wrote:

I'm confident the taxing authority has records that will show the details of each and every transfer of ownership. Regardless if the property was gifted or inherited, the records will reveal that.


Except for this, which could be relevant depending on the exact details:

 

One child deceased, remaining (2) purchased the property in 2005 $1

 

We do not know how much the remaining 2 paid (if anything) to buy out the other party.