Personal Finance (Not Investing) • Inheritance from outside the US question

My MIL passed away earlier this year and my BIL is working on the sale of her home. She lived outside the US, was not a US citizen, and I'm trying to figure out how to report the cost basis once the sale takes place along with any other documents to avoid raising any flags when the funds transfer from overseas (it's likely in the range of only $150k).

Any advice from anyone who went through this or even similar?

TIA for the help!

Statistics: Posted by runningshoes — Wed Dec 25, 2024 12:13 pm — Replies 0 — Views 21

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