Bilgerat
Level 2
03-15-2023
08:46 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
That's what I intend to do. Treat them as personal assets with left over depreciable basis for her half. Step up the inherited half. Gains will be subject to recapture (if any from her half) and personal capital gains (if any proceeds are left over after recapture). If losses, ignore because no losses on personal property. Thank you.