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How do I get cost basis for timber sold off of inherited…

How do I get cost...
How do I get cost basis for timber sold off of inherited land?
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Answered in 3 hours by:
3/15/2018
Mark Anderson
Mark Anderson, Tax Attorney
Category: Tax
Satisfied Customers: 616
Experience: Tax attorney and accountant
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The basis would be the fair market value at the time you inherited it:

https://timbertax.org/getstarted/basis/inherited/

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Mark Anderson
Mark Anderson, Tax Attorney
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