KMACK
Level 4
06-03-2020
12:54 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If the basis of the property and the sale price were basically the same (since the rental property was sold soon after the owner's death by the estate), is the capital loss generated by including the expenses of sale deductible? And if so, is the loss passed on to the beneficiary or does it stay in the estate?
KMAC