Form 3520 part IV

I’m trying to figure the value to list for foreign real estate and wonder if anyone may know the answer. I will be a beneficiary of a real estate sell. The property is still held by the estate and I’ve not inherited it,(I’m the executor). I’ll just receive cash on sell. What value do I list in part IV, is it the date of death value of my share? Or will it be the sell price, less lawyer and real estate agent fees? The value has decreased from date of death value, even with not counting for any real estate and lawyer fees.

Thank you

Hey, not sure about this one, but I think you should list the value of your share at the time of sale, minus any fees like lawyer and real estate agent fees. Don't think the decrease in value since date of death matters for this form, but might affect your overall tax liability. Might be best to check with a tax pro to be sure though!