Ian Bryzek, CPA
How is residential real estate documented on an estate-tax file?
A house on an estate-tax schedule needs more than an assessor printout or a quick online estimate.
Title, ownership percentage, mortgages, and a supported fair market value as of the relevant date all belong with the Form 706 workpapers.
Ian organizes the tax reporting file; an independent residential appraisal may supply the fair-market-value support the schedule relies on.
What to keep with the file
Ian organizes the tax reporting file; an independent residential appraisal may supply the fair-market-value support the schedule relies on.
What to do next
Request the appraisal and title packet before values are entered on any draft schedule.
What to gather
- Deed and ownership interest documentation
- Residential appraisal as of the relevant date
- Mortgage and lien statements
- Property expense and tax bills near death
- Photos or condition notes used by the appraiser
Who usually handles what
- Ian can organize the tax reporting question and the supporting records.
- James Valdez can provide an independent residential fair-market-value appraisal when a supported property value is part of the documentation.
- An estate attorney handles title, authority, trust interpretation, and beneficiary rights.
A practical next step
Request the appraisal and title packet before values are entered on any draft schedule.
When a property value is part of the picture
When residential real estate needs a supported fair market value as of a relevant date, an independent appraiser may be part of the documentation process. Ian does not determine fair market value.
Questions about title, probate authority, trust meaning, or a beneficiary's legal rights belong with an estate attorney. Start with the Professionals directory: /professionals/
Related guides
This is general tax information, not tax or legal advice. Outcomes depend on the documents, ownership, timing, and law that apply to the particular facts.