cindybarrett334
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I lived there as my mother's caregiver since 2016 but did not own the house until it went through probate in 2023.
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The real estate agent says she believes the house would have been appraised for at or above 145,000, the selling price of the home. But then there were 17,000 i...
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So what I need to do is get an appraisal for the value in January, the date of her death?
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I have been reading that the IRS accepts the selling price as the cost basis if the sale occurred within the the year of the owner's passing. With closing costs...
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