A home’s fair market value is, essentially, the price that a buyer would pay a seller for it on the open market. Many factors go into determining fair market value, including location, size, age, ...
Before an appraiser looks at a property you want to buy or currently own, there are things you should know that they won't ...
If my mother sells or gifts me her $800,000 personal residence to me, my understanding is that I also get her adjusted cost basis. If she holds a note for 100% of the purchase price and then gifts me ...