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I Inherited Property How Can I Tell Its Fair Market Value?

Inheriting property, whether expected or unexpected, can raise some questions about what to do with it and what it's worth. Specifically, you'll need to know the property's fair market value (FMV) to calculate your cost basis for tax purposes. How do you determine the fair market value of inherited property? There are a few ways […] The post How Do You Determine the Fair Market Value of Inherited Property? appeared first on SmartReads by SmartAsset.

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