You are right about the stepup in value vis a vis the new tax laws. That little puppy right there could cost your heirs big money and it needs to be changed soon.REAL SOON!
You are right about the stepup in value vis a vis the new tax laws. That little puppy right there could cost your heirs big money and it needs to be changed soon.REAL SOON!
I was quoting someone else (but its nice to read someone finally saying I'm right!). The question part was mine. I wasn't sure if 1 - they did away with cap gains on homes and 2 - if they did, if that freebie only applies to your primary residence.