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Rental Property as a Gift

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    #1

    Rental Property as a Gift

    Wanted to confirm; when a donor gifts depreciated real estate, form 709 list adjusted basis, not just donors basis. If however, donor dies with the property, the donee receives a stepped up basis and the depreciation goes away.
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    #2
    see: Thread: Gift of Rental Property or the one you posted in 2014
    Believe nothing you have not personally researched and verified.

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