Life Estate

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  • RLymanC
    Senior Member
    • Sep 2005
    • 653

    #1

    Life Estate

    What is the basis of real property (house) when the individual that has the life estate dies and the property goes to the remainderman.
    Confucius say:
    He who sits on tack is better off.
  • BOB W
    Senior Member
    • Jun 2005
    • 4061

    #2
    Fmv....

    .... on the date of death..................
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.

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    • RLymanC
      Senior Member
      • Sep 2005
      • 653

      #3
      fmv

      Thanks Bob.....
      What a great resourse this board is. Thanks again.
      Confucius say:
      He who sits on tack is better off.

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