#property valuation

1 story

#capital gains tax #estate planning #estate tax #fair market value #home appraisal #inherited homes #irs valuation #retrospective appraisal #stepped-up basis #tax basis #wealth transfer

How the IRS values and audits inherited homes
Real estate makes up a third of what parents leave behind, but most heirs don't know the tax rules.
Kiplinger · 3m