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Per IRS Publication 551 (pages 9 and 10), the basis of property inherited from a decedent is generally one of the following.
Perhaps the estate administrator can give guidance on what date and value was used for estate purposes?
Per IRS Publication 551 (pages 9 and 10), the basis of property inherited from a decedent is generally one of the following.
Perhaps the estate administrator can give guidance on what date and value was used for estate purposes?
are these by any chance 'fracking rights'? if so be careful as they had a very, very different value in 2010 vs. today.
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