The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Road Walker who wrote (1863)	2/23/2002 7:13:01 PM
From: David Jones	Read Replies (1) of 306849

"If the heirs sell the property at an amount less than the assessed value, the difference can be used as a tax credit" Not to dispute this "I've had no experience with inheritance" but for discussion doesn't it sound like there's a lot of room here for fraud? I would think the IRS would be interested in the actual proceeds? There's a lot of room for shenanigans when it comes to appraisals. I have seen and heard a thing or two.

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