Ashley inherited all of the property of her aunt Elena, who diedlast year. Elena??s adjusted basis for the property at the date ofdeath was $1,605,000.

Ashley inherited all of the property of her aunt Elena, who diedlast year. Elenaâ??s adjusted basis for the property at the date ofdeath was $1,605,000. The property's fair market value was$5,617,5 2 answers