Capital Gains, Step-Up in Basis, and How to Save on Taxes When Selling Land | High Points
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Capital Gains, Step-Up in Basis, and How to Save on Taxes When Selling Land | High Points
Troy breaks down how the step-up in basis works within land trusts and why it’s a powerful tool for estate planning. Learn how inherited property can be revalued at current market rates, potentially reducing capital gains taxes for beneficiaries. Whether you're passing down farmland or income-producing property, understanding this concept ...
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