- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
I agree with @rjs; consult a local tax professional now (or legal counsel).
The result you want is a stepped-up basis but also where you do not have to use part of your lifetime exclusion in order to distribute the proceeds to your siblings (which, admittedly, may not be possible).
‎June 15, 2023
7:27 PM