#step-up in basis
3 stories
She'll Put Her Son on the Deed and Keep Living in the House
Adding a son to property deed skips probate but risks half step-up tax benefit.
24/7 Wall St. · 1m
Inherited $1 Million? First Steps
How to protect and grow a $1 million inheritance without debt or tax trouble.
Kiplinger · 1m
A $90,000 tax surprise on a house bought for $140,000
A frozen tax break from 1997 is catching homeowners off guard as property values soar.
24/7 Wall St. · 2m