What is Step Up Basis?  Why don’t I want to lose it?

2022-08-17T19:56:15+00:00March 21st, 2022|Tags: , , , , |

I know, tax stuff is boring, unless you are having to pay taxes you shouldn’t.  So, today, I’m going to address a great tax benefit of property passing through estates, and why you don’t want to lose that benefit.  We are going to talk about the “step up basis” rules. A taxpayer's basis is usually [...]