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Business, 04.07.2021 04:00 janiyaf8941

Daven inherited property from a parent. The property had an adjusted basis to the parent of $1,600,000. It was valued at $2,000,000 at the date of death and valued at $1,800,000 six months after the date of death. The executor elected the alternative valuation date. What is Daven's basis in the property

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Daven inherited property from a parent. The property had an adjusted basis to the parent of $1,600,0...
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