sallanblock
05-14-2006, 03:37 AM
Due to death I just inherited my parents' property. I've been living with my mother at the primary residence in New Jersey for years. The other house is a summer residence in New York State. I want to establish a cost basis for future capital gains but have no immediate plans to sell either home. Can I have realtor(s) evaluate both properties & establish my cost basis by getting their opinion on how much they're both worth at this time?