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re: Timberland Value in 2008 To Calculate Capital Gains On 2023 Taxes. Who do I contact?
Posted on 3/7/24 at 1:27 pm to Telecaster
Posted on 3/7/24 at 1:27 pm to Telecaster
Did the Estate assign a value? Generally, there is an "Inventory and Appraisement" in the Probate/Succession. That might work against you if it was assigned an artificially low number to avoid/minimize estate taxes.
1
Posted on 3/7/24 at 2:18 pm to LSUGUMBO
I don’t know the value assigned during the Succession. The property was gifted to me by my stepmother about a year after my dad passed away.
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