Question: Rose dies with passive activity property having an adjusted basis of $65,000, suspended losses of $13,000, and a fair market value at the date of

Rose dies with passive activity property having an adjusted basis of $65,000, suspended losses of $13,000, and a fair market value at the date of her death of $90,000.

The basis for the property is stepped-up to $????; therefore, none of the $13,000 suspended loss is deductible on Rose's final return or by the beneficiary.

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