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Investors & landlords
Related to this question, can any one help me figure out
>Is this case is applied to the property which is owned by both taxpayer and spouse before spouse's death?
FMV on death or alternate value in 6 months could count for new service and depreciation on that property
>So in the future if surviving spouse sold the property, what happened the recovered prior depreciation of the property before spouse's death? Irrelevant ?
Any shared information would be appreciated
March 18, 2023
10:59 AM