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Investors & landlords
I do not agree with the example $100000 stepped up value with $5k improvements and $3k selling expenses. Sale at $115k.
Gain would be $115k less $105k (incl $5k improvemnts) less selling exp $3k leaves $7k cap gain. Prior response even said selling exp would reduce gain.
‎July 25, 2020
4:27 PM