Sale of Business property after death

[S-hall]

Have a signed contract to sell rental property and the seller dies before the closing date. The estate closes on the property for the decedent. Does the decedents final return report the sale (gain of sale) or does the estate record the sale using the FMV of the property on date of death.

[IRonMaN · Accepted solution]

You are going to get the same answers no matter how many times you post.  Please stick to your first post.