#step-up basis

2 stories

#tax reset #capital gains tax #community property trust #estate tax #fair market value #home appreciation #home ownership #ohio #rental property #tax basis #tennessee #will inheritance

House Title Determines Tax Reset
Spouse's home title resets tax gains entirely or half depending on ownership.
24/7 Wall St. · 1m
Ohio Trust Resets Rental Tax Basis
Ohio couples can reset rental property tax basis to current value when first spouse dies via Tennessee trust.
24/7 Wall St. · 1m