RandyFries
kiwifarms.net
- Dołączono
- 19 Wrz 2021
There won’t be any capital gains tax if DSP inherits and sells his parents house after they die. The tax basis of an inherited house “steps up” to the current valuewhen it’s inherited to prevent that from happening. Also if he parents sell the house before they die as long as it was their primary residence they’ll get up to $500,000 of tax free capital gains as allowed by the IRS.