Dear Jeffmcpa2010

I appreciate this .

That meant in community property state like CA, we use $300000. Some other tax expert advised to keep track half of tax payer basic and depreciation as normal and stepped up half cost basic FMV on DOB part of deceased spouse. LOL

Can you please tell me a little more detail how to enter the date of death as sale date on old asset with no price to stop depreciation? Did you enter on sche E /dispose property /sale price $0/(must purchase price also, right?)?

Again thank you for your time