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mcb is right. Those old deeds and abstracts are fascinating. We have the deed to my in-law's home that they bought (for more than $1) from their father. The deed passed from owner to owner, starting from when the house was built in the late 1800s. The land boundaries are defined by from a certain tree to a certain boulder or neighbor (all long gone). The tax stamps are actual stamps--the kind you lick and stick on--in a variety of colors. Kind of like old stock certificates, which were works of art.

Thank you all. She says she does have proof that she paid more for it, just wasn't sure she could use it. Sounds like I can use the actual amount paid providing documentation exists.

I think this was your operative comment: —-> “client cannot find paperwork to determine which and how much payroll was used for PPP…<— That’s my signal to hand everything back to the client and say “Let me know when you find it. Otherwise I can’t help with this issue. “

Nor, have I. We just recently purchased a plat of land in WI. My Warranty Deed only says "For a Valuable Consideration". Have the client do some digging for paperwork, cancelled check, etc on the actual sale. It is usually worth their while. I have had some dandies in the past few years, where the land was practically worthless when they got it, but they forget about all of the costs of purchase and sale and/or any improvements they have made over the years. You might be surprised ie: "Oh, I had a well put in, etc."

Remember, this is a legal document, not a financial document. Every deed I have seen, (and I've seen a lot), started with: "For the sum of $1 and other valuable consideration" (exact wording). Maybe that is Ohio's legalese, but I've never seen a deed give a selling price.