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Inherited sports cards from a recently deceased family member. Tax implications?
Inherited sports cards from a recently deceased family member. Tax implications? So it’s a large amount of sports cards that I inherited in the past week, and I have decent knowledge in the field. I have estimated the total value to be between 50-125k depending on grading. From my understanding, the only capital gains tax I am subject to is the gains I have received while having these in my personal possession. This would be...
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