Posted 5/12/2009 13:10 (#711099 - in reply to #710896) Subject: Re: Rent or sell SD land?
Had 80 acres next to me bought one time til the lady found out what the capital gains would be. Her husband had paid $75.00 per acre and the selling price was $1400. She willed it to her daughters and when she died the basis became the value at the time of her death.
Rent or sell SD land?
