If an property tax return wasn’t filed, your basis is the appraised worth of the home at the decedent’s date of dying for state inheritance or transmission taxes. The information are the identical as in Example 1, besides this time …
If an property tax return wasn’t filed, your basis is the appraised worth of the home at the decedent’s date of dying for state inheritance or transmission taxes. The information are the identical as in Example 1, besides this time …