Because of the application of uniform basis, under the relevant IRC sections and the related regs., the life tenant -mother’s - adjusted basis for the house becomes the remainderman - son’s - basis for depreciation.

Mother’s adjusted basis equals FMV of the property at the date of the decedent’s death, plus improvements made by the life tenant, less depreciation allowed or allowable while the property was held by the life tenant.

Son’s adjusted basis for computing his gain on the sale of house will equal to mother’s adjusted basis, plus improvements made by son, less depreciation allowed or allowable while the property was held by son.