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Old 11-14-2021, 09:49 AM
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swarmee swarmee is offline
J0hn Raff3rty
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Join Date: Jul 2014
Location: Niceville FL
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Quote:
Originally Posted by ALR-bishop View Post
I leave the software to someone else, but think it wise to have a contact for her of someone in the hobby you trust to help her out in the event of a sudden moving on. And any inventory/records you have should include the cost basis of the collection as well as the value
Check with a certified tax advisor, but I thought collectibles, once inherited, gain the current value as the cost basis for the inheritor.
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