cessna182
Sep 23, 2009, 04:47 PM
How would I go about finding the evaluation of a property back in January of 2009? My brother and I inherited a property back then, rented it for awhile and sold it this year. Need to know the past evaluation for tax purposes.
ebaines
Sep 30, 2009, 07:34 AM
Perhaps the executor of the estate has a figure that would have been used for estate tax filing (if either a federal or state estate tax return was required).
Otherwise, you can hire a property appraiser - he would give you a written appraisal using January 2009 comparables, which would satisfy the IRS.