- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
For the Fair Market value on form 709, would it not be okay to just use a higher value say instead of 250k I can do 260k or 270k. Like I could find the highest value of the houses being sold around the area and use the highest rate instead.
The life time exclusion is 12 million so it wouldn't really matter to me. Would this strategy not work?
‎September 15, 2022
2:50 PM