DianeW777
Expert Alumni

Investors & landlords

Here are the answers to your questions:

  1. The difference between buying and inheriting is that inherited property is automatically long term holding period. This makes a difference on your deduction amount.
  2. I tested and entered zero for the purchase price and continued through the screens. As we know, you did not purchase the stock. 

When I look at the Charitable Worksheet it shows the value I entered on the date of death.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"