The basis I used is the County appraisal for assessment purposes. I received a copy of that. Of course, I was aware of the drastically fallen home values in FL and would never use the unpaid principal balance of the mortgage as the basis.I am seriously considering having my corporate CPA prepare my personal taxes for 2012 (he prepares corporate and personal). He is a personal friend, and I hate to cast this upon him, but he has been in the business for a long time, and I trust him explicitly. As a note, he used to work for one of the big 5 accounting firms in the country. Fortunately, his firm was not involved in all the brouhaha during the Enron years. What a pain in the rear.Donna
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