Basis of Property Acquired by Gift or Inheritance; Subsequent Sales

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Learning Outcomes
On completion of the lesson, the student will be able to:
1. Identify the basis in property received by inter vivos gift (including part-sale, part-gift transfers).
2. Identify the basis in property received by inheritance.

3. Compute gain or loss realized on a subsequent sale of such property.

12 minutes

Basis of Property Acquired by Gift or Inheritance; Subsequent Sales
by
James Edward Maule
Professor of Law
Villanova University School of Law


Charlene D. Luke
Professor and Associate Dean for Tax Programs
University of Florida Levin College of Law



Copyright 2005, 2018 CALI
All Rights Reserved
Copyright 1988-2001 James Edward Maule

CALI Author Copyright 1999-2019 Center for Computer-Assisted Legal Instruction.

This program is distributed to licensees for use in accord with an annual membership agreement for 2018-2019. Use after the expiration of the license period is prohibited.

Version 08/22/2018