回复：About taxation law

来源: 于 2004-02-08 02:45:05 [旧帖] [给我悄悄话] 本文已被阅读：次

1. Get the evaluation value (FMV) when peter inherited in 1960. (A)
2. Add the later expenses related on the land. (B)
3. Total cost (basic value): C = A+B
4. Get the land new evaluation (FMV)"D" where it sells.
5. Allocate C to the blocks.
6. If the D is greater than C,
7. then, taxable income = sales price - allocated C
8. if D is lesser than C, no tax liability.

Good luck!