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Posted on 3/8/24 at 7:26 am to Telecaster
Call the assessor? Hummmm
I would get with the estate attorney and your dad’s cpa - pay them to guide you through the appraisal, basis process and tax filing.
I would get with the estate attorney and your dad’s cpa - pay them to guide you through the appraisal, basis process and tax filing.
Posted on 3/8/24 at 11:18 am to Telecaster
A forester will put the value on the timber as retro cost basis and an appraiser or re agent can put the bare land value on the dirt. I do these all of the time and they are a pain but it’s the right thing to do.
Posted on 3/8/24 at 2:35 pm to Telecaster
quote:
Thanks for the info.
Congrats. Nice windfall.
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