Charter One Realty
Marvin Hall, Charter One RealtyPhone: (843) 384-7632
Email: [email protected]

Tag: General Finance

Posted on 02/28/2021
What Is Step-Up Basis?
Image by Steve Buissinne from Pixabay Suppose you’ve inherited your parents’ longtime home. Suppose they paid $100,000 for it, and it’s now worth $300,000. Had they sold it while it was in their possession, they would have avoided paying capital gains tax due to the Taxpayer Relief Act of 1997. Now that it’s yours, has that tax avoidance...
+ 1 more
Read More