Announcement

Collapse
No announcement yet.

Step up

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Step up

    Taxpayer dies in community prop state. Together they had small farm and several rental properties.

    Spouse recieves stepped up on all properties(jointly Owned)
    correct??

    #2
    This question came up on several occasions in the past. While I'm not in a community state the answer in the past was YES, all joint assets get a step up to DOD basis.
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.

    Comment


      #3
      Thanks

      For Your Input

      Comment

      Working...
      X