life estate

[electriceye007]

i want to buy out my step mothers right to life estate in my deceased fathers 6th generation home. i looked at form s with the irs for rating factors to estimate her life estate but should the amount of the life estate be calculated to include what the land value is worth?: or just what the home itsself is worth/:

[FSA]

You need to ask a tax professional. The people on this board are most likely not qualified to answer that question.