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Yes, you can. Just remember that "cost" is fair market value on the date of death of the decedent, and the loss is only deductible if, after the death of the decedent, the house was not used by any relative between the death and sale dates.
Yes, you can. Just remember that "cost" is fair market value on the date of death of the decedent, and the loss is only deductible if, after the death of the decedent, the house was not used by any relative between the death and sale dates.
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