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Fair Market Value (FMV) on the date of death for inherited house in China

How do I get the Fair Market Value (FMV) on the date of death for inherited house in China?

Chine doesn't pay property tax so there is no government tax assessment. 

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Accepted Solutions
rjs
Level 15
Level 15

Fair Market Value (FMV) on the date of death for inherited house in China

In the United States you would hire a professional appraiser to determine the fair market value. There is probably a similar service available in China. A local real estate agent can probably recommend an appraiser.

 

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2 Replies

Fair Market Value (FMV) on the date of death for inherited house in China

FMV can vary based on market conditions, location, and other factors. Consulting local experts or real estate professionals in China can provide more accurate insights. 

rjs
Level 15
Level 15

Fair Market Value (FMV) on the date of death for inherited house in China

In the United States you would hire a professional appraiser to determine the fair market value. There is probably a similar service available in China. A local real estate agent can probably recommend an appraiser.

 

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