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Updated about 10 years ago,

Mark Forest's profile image
Mark Forest's profile image
Mark Forest
  • Real Estate Investor
  • from Fenton, Michigan
  • Member since Jul 1, 2008
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946
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Mark Forest's profile image
Mark Forest's profile image
Mark Forest
  • Real Estate Investor
  • from Fenton, Michigan
  • Member since Jul 1, 2008
Connect
Mark Forest
  • Real Estate Investor
  • Fenton, MI
153
Votes |
946
Posts
Tax, SDIRAs & Cost Segregation

Basis of inherited property

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted

Hello all. My father passed away in 12/14. I have fully inherited his house. What cost basis do I use for this property?

  I plan to add the house to my rental portfolio and rent it to tenants.   Thank you in advance. 

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