Discoverdeepdive.Loss on the Sale of an Inherited Home
Loss on the Sale of an Inherited Home

Loss on the Sale of an Inherited Home

Update: 2025-03-19
Share

Description

A beneficiary who inherits the residence of a decedent generally acquires it with a basis equal to the fair market value at the decedent’s date of death, and since it is inherited property, it is treated as held for long-term.

Comments 
In Channel
You Are Not an ATM

You Are Not an ATM

2025-04-1707:40

loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Loss on the Sale of an Inherited Home

Loss on the Sale of an Inherited Home

CountingWorks PRO Marketing Team