Question

My parents bought their home as joint tenants. My father passed away in '06. My mom plans to sell now. How can we get the value of the house back in '06?

Will the county property tax assessment be sufficient for value in '06 for capital gains purposes? No appraisal was done in '06.

Employee

You can get a retroactive appraisal from a licensed professional appraiser.

The property tax assessment does not represent the actual market value.

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