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. When they passed, one daughter’s share went to my father. When he passed in 2006, his share was divided between myself & 3-siblings.
my question is this: how far back do I ask for FMV? When my father passed or when my great uncle passed?
A trustee in Florida has been handling the property sale & apparently there are quite a few owners so I need to get on this ASAP.
You'll need to sign in or create an account to connect with an expert.
The FMV when your father passed.
Thank you
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
ruralakay
Level 2
Hawkpilot
Returning Member
Wish2
Returning Member
Princeton Street
New Member
expat23843
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.