Posted 5/11/2025 06:54 (#11220588 - in reply to #11220524) Subject: RE: Moving the farm
David - 5/11/2025 04:50
Your basis moves with you.
That was a question I have still. Does the basis of what dad paid for the farm way back in the 70's move or is it a stepped up basis to the new sale value? Does it apply equally to every acre or is it the dollar amount from the first farm spread over the acres of the new farm?
Moving the farm
