https://ttlc.intuit.com/community/taxes/discussion/fmv/01/871736#M342839 <DIV class="lia-component-reply-list"><DIV class="linear-message-list message-list"><DIV class="lia-linear-display-message-view"><DIV class=""><DIV class="lia-panel-message message-uid-871243"><DIV class="lia-message-view-wrapper lia-js-data-messageUid-871243 lia-component-forums-widget-message-view-two"><DIV class="MessageView lia-message-view-forum-message lia-message-view-display lia-row-standard-read lia-thread-reply lia-message-authored-by-you"><DIV class="lia-quilt-row lia-quilt-row-header"><DIV class="lia-quilt-column lia-quilt-column-12 lia-quilt-column-left lia-quilt-column-header-left"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-left"><DIV class="lia-message-author-avatar lia-component-author-avatar lia-component-message-view-widget-author-avatar"><DIV class="UserAvatar lia-user-avatar lia-component-common-widget-user-avatar"><DIV class="mceNonEditable lia-copypaste-placeholder">&nbsp;</DIV></DIV></DIV><DIV class="lia-message-author-with-avatar"><SPAN class="UserName lia-user-name lia-user-rank-Level-2 lia-component-message-view-widget-author-username"><A href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/550959" target="_self"><SPAN class="">Ggeee</SPAN></A></SPAN></DIV><DIV class="lia-message-author-rank lia-component-author-rank lia-component-message-view-widget-author-rank">Level 2</DIV><DIV class="lia-message-post-date lia-component-post-date lia-component-message-view-widget-post-date"><SPAN class="DateTime"><SPAN class="local-friendly-date">yesterday</SPAN></SPAN></DIV></DIV></DIV><DIV class="lia-quilt-column lia-quilt-column-12 lia-quilt-column-right lia-quilt-column-header-right"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-right"><DIV class="lia-menu-navigation-wrapper lia-menu-action lia-component-message-view-widget-action-menu"><DIV class="lia-menu-navigation"><DIV class="dropdown-default-item"><DIV class="dropdown-positioning"><DIV class="dropdown-positioning-static">&nbsp;</DIV></DIV></DIV></DIV></DIV></DIV></DIV></DIV><DIV class="lia-quilt-row lia-quilt-row-sub-header">&nbsp;</DIV><DIV class="lia-quilt-row lia-quilt-row-main"><DIV class="lia-quilt-column lia-quilt-column-24 lia-quilt-column-single lia-quilt-column-main"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-single"><DIV class="lia-message-body lia-component-message-view-widget-body lia-component-body-signature-highlight-escalation lia-component-message-view-widget-body-signature-highlight-escalation"><DIV class="lia-message-body-content"><P>I just received funds from property that I believe was originally purchased by a great uncle, then upon his death was divided between his two daughters. &nbsp;When they passed, one daughter’s share went to my father. &nbsp;When he passed in 2006, his share was divided between myself &amp; 3-siblings.</P><P>my question is this: &nbsp;how far back do I ask for FMV? &nbsp;When my father passed or when my great uncle passed?</P><P>A trustee in Florida has been handling the property sale &amp; apparently there are quite a few owners so I need to get on this ASAP.</P></DIV></DIV></DIV></DIV></DIV><DIV class="lia-quilt-row lia-quilt-row-footer"><DIV class="lia-quilt-column lia-quilt-column-06 lia-quilt-column-left lia-quilt-column-footer-left"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-left"><DIV class="KudosButton lia-button-image-kudos-wrapper lia-component-kudos-widget-button-version-3 lia-component-kudos-widget-button-horizontal lia-component-kudos-widget-button lia-component-kudos-action lia-component-message-view-widget-kudos-action"><DIV class="lia-button-image-kudos lia-button-image-kudos-horizontal lia-button-image-kudos-disabled lia-button-image-kudos-not-kudoed lia-button"><DIV class="lia-button-image-kudos-count"><SPAN class="lia-link-navigation kudos-count-link lia-link-disabled"><SPAN class="MessageKudosCount lia-component-kudos-widget-message-kudos-count">0 </SPAN><SPAN class="lia-button-image-kudos-label lia-component-kudos-widget-kudos-count-label">Cheers</SPAN></SPAN></DIV><DIV class="lia-button-image-kudos-give">&nbsp;</DIV></DIV></DIV><DIV class="lia-button-group lia-component-share-button lia-component-message-view-widget-share-button"><DIV class="AddThis lia-component-external-widget-add-this"><SPAN class="lia-button-wrapper lia-button-wrapper-secondary"><A href="http://www.addthis.com/bookmark.php?url=https%3A%2F%2Fttlc.intuit.com%2Fcommunity%2Ftax-credits-deductions%2Fdiscussion%2Fis-the-money-received-from-the-sale-of-inherited-property-taxable%2F00%2F754714&amp;title=Re%3A+Is+the+money+received+from+the+sale+of+inherited+property+taxable%3F%3F%3F&amp;username=PoweredByLithium" target="_blank" rel="noopener">Share</A></SPAN></DIV></DIV></DIV></DIV><DIV class="lia-quilt-column lia-quilt-column-18 lia-quilt-column-right lia-quilt-column-footer-right"><DIV 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https://ttlc.intuit.com/community/taxes/discussion/fmv/01/871736#M342839 <DIV class="lia-component-reply-list"><DIV class="linear-message-list message-list"><DIV class="lia-linear-display-message-view"><DIV class=""><DIV class="lia-panel-message message-uid-871243"><DIV class="lia-message-view-wrapper lia-js-data-messageUid-871243 lia-component-forums-widget-message-view-two"><DIV class="MessageView lia-message-view-forum-message lia-message-view-display lia-row-standard-read lia-thread-reply lia-message-authored-by-you"><DIV class="lia-quilt-row lia-quilt-row-header"><DIV class="lia-quilt-column lia-quilt-column-12 lia-quilt-column-left lia-quilt-column-header-left"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-left"><DIV class="lia-message-author-avatar lia-component-author-avatar lia-component-message-view-widget-author-avatar"><DIV class="UserAvatar lia-user-avatar lia-component-common-widget-user-avatar"><DIV class="mceNonEditable lia-copypaste-placeholder">&nbsp;</DIV></DIV></DIV><DIV class="lia-message-author-with-avatar"><SPAN class="UserName lia-user-name lia-user-rank-Level-2 lia-component-message-view-widget-author-username"><A href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/550959" target="_self"><SPAN class="">Ggeee</SPAN></A></SPAN></DIV><DIV class="lia-message-author-rank lia-component-author-rank lia-component-message-view-widget-author-rank">Level 2</DIV><DIV class="lia-message-post-date lia-component-post-date lia-component-message-view-widget-post-date"><SPAN class="DateTime"><SPAN class="local-friendly-date">yesterday</SPAN></SPAN></DIV></DIV></DIV><DIV class="lia-quilt-column lia-quilt-column-12 lia-quilt-column-right lia-quilt-column-header-right"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-right"><DIV class="lia-menu-navigation-wrapper lia-menu-action lia-component-message-view-widget-action-menu"><DIV class="lia-menu-navigation"><DIV class="dropdown-default-item"><DIV class="dropdown-positioning"><DIV class="dropdown-positioning-static">&nbsp;</DIV></DIV></DIV></DIV></DIV></DIV></DIV></DIV><DIV class="lia-quilt-row lia-quilt-row-sub-header">&nbsp;</DIV><DIV class="lia-quilt-row lia-quilt-row-main"><DIV class="lia-quilt-column lia-quilt-column-24 lia-quilt-column-single lia-quilt-column-main"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-single"><DIV class="lia-message-body lia-component-message-view-widget-body lia-component-body-signature-highlight-escalation lia-component-message-view-widget-body-signature-highlight-escalation"><DIV class="lia-message-body-content"><P>I just received funds from property that I believe was originally purchased by a great uncle, then upon his death was divided between his two daughters. &nbsp;When they passed, one daughter’s share went to my father. &nbsp;When he passed in 2006, his share was divided between myself &amp; 3-siblings.</P><P>my question is this: &nbsp;how far back do I ask for FMV? &nbsp;When my father passed or when my great uncle passed?</P><P>A trustee in Florida has been handling the property sale &amp; apparently there are quite a few owners so I need to get on this ASAP.</P></DIV></DIV></DIV></DIV></DIV><DIV class="lia-quilt-row lia-quilt-row-footer"><DIV class="lia-quilt-column lia-quilt-column-06 lia-quilt-column-left lia-quilt-column-footer-left"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-left"><DIV class="KudosButton lia-button-image-kudos-wrapper lia-component-kudos-widget-button-version-3 lia-component-kudos-widget-button-horizontal lia-component-kudos-widget-button lia-component-kudos-action lia-component-message-view-widget-kudos-action"><DIV class="lia-button-image-kudos lia-button-image-kudos-horizontal lia-button-image-kudos-disabled lia-button-image-kudos-not-kudoed lia-button"><DIV class="lia-button-image-kudos-count"><SPAN class="lia-link-navigation kudos-count-link lia-link-disabled"><SPAN class="MessageKudosCount lia-component-kudos-widget-message-kudos-count">0 </SPAN><SPAN class="lia-button-image-kudos-label lia-component-kudos-widget-kudos-count-label">Cheers</SPAN></SPAN></DIV><DIV class="lia-button-image-kudos-give">&nbsp;</DIV></DIV></DIV><DIV class="lia-button-group lia-component-share-button lia-component-message-view-widget-share-button"><DIV class="AddThis lia-component-external-widget-add-this"><SPAN class="lia-button-wrapper lia-button-wrapper-secondary"><A href="http://www.addthis.com/bookmark.php?url=https%3A%2F%2Fttlc.intuit.com%2Fcommunity%2Ftax-credits-deductions%2Fdiscussion%2Fis-the-money-received-from-the-sale-of-inherited-property-taxable%2F00%2F754714&amp;title=Re%3A+Is+the+money+received+from+the+sale+of+inherited+property+taxable%3F%3F%3F&amp;username=PoweredByLithium" target="_blank" rel="noopener">Share</A></SPAN></DIV></DIV></DIV></DIV><DIV class="lia-quilt-column lia-quilt-column-18 lia-quilt-column-right lia-quilt-column-footer-right"><DIV class="lia-quilt-column-alley lia-quilt-column-alley-right"><SPAN class="lia-button-wrapper lia-button-wrapper-secondary lia-component-message-view-widget-quick-reply-button lia-component-quick-reply-button"><A href="https://ttlc.intuit.com/community/forums/replypage/board-id/205/message-id/107588" target="_blank" rel="nofollow noopener">Reply</A></SPAN></DIV></DIV></DIV><DIV class="lia-quilt-row lia-quilt-row-mod-controls"><DIV class="lia-quilt-column lia-quilt-column-24 lia-quilt-column-single lia-quilt-column-mod-controls-main">&nbsp;</DIV></DIV><DIV class="lia-quilt-row lia-quilt-row-sub-footer">&nbsp;</DIV></DIV></DIV></DIV></DIV></DIV></DIV></DIV><DIV class="lia-paging-full-wrapper lia-paging-pager lia-paging-full-left-position lia-discussion-page-message-pager lia-component-message-pager"><DIV class="lia-inline-ajax-feedback"><DIV class="AjaxFeedback">&nbsp;</DIV></DIV><P>&nbsp;</P></DIV> Thu, 24 Oct 2019 00:01:27 GMT https://ttlc.intuit.com/community/taxes/discussion/fmv/01/871736#M342839 Ggeee 2019-10-24T00:01:27Z https://ttlc.intuit.com/community/taxes/discussion/re-fmv/01/871751#M342840 <P>The FMV when your father passed.</P> Thu, 24 Oct 2019 00:22:43 GMT https://ttlc.intuit.com/community/taxes/discussion/re-fmv/01/871751#M342840 DoninGA 2019-10-24T00:22:43Z https://ttlc.intuit.com/community/taxes/discussion/re-fmv/01/872021#M342841 <P>Thank you</P> Thu, 24 Oct 2019 20:19:47 GMT https://ttlc.intuit.com/community/taxes/discussion/re-fmv/01/872021#M342841 Ggeee 2019-10-24T20:19:47Z