Q:The basis of property inherited from a decedent is generally _______

A- The purchase price of the property

B- The fair market value (FMV) of the property on the date of death or the alternative valuation date.

C-The higher of the decedent's adjusted basis or the fair market value (FMV) on the date of death or the alternative valuation date.

D- The adjusted basis of the decedent on the date of death or the alternative valuation date.