BobKamman
Level 15
11-23-2020
09:21 PM
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I'm trying to think of a legal expense that an estate (as opposed to a trust) would have, that an individual would also have if living. Maybe I'm just being dense. Maybe "estate" also refers to bankruptcy estates.
But I would look for a nexus (not the Henry Miller novel type) between the legal expense and the reat estate, that might let you add it to the basis of the property. What if the only asset in the estate was the realty, and without it no legal expenses would be incurred?