cost basis step up

concept
1 mentions 1 recordings first heard Nov 2021 last heard Nov 2021 ±0 vs the 12 months before

Tax rule that steps up the cost basis of inherited property

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Laura SaundersWSJ Your Money Briefing · How to Navigate Finances After a Spouse Dies · 3:20 · Nov 2021
…You would pay less tax on the sale of the house because it's a complicated thing called the cost basis step up.…
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