Anthony S. Park

E135 What Does Stepped Up Basis Mean?


Listen Later

Does the IRS ever give us a break? Yes!

Stepped-up basis is a great example. So make sure you know about it and how to use it!

I'll explain “stepped-up basis” in 3 steps:

  1. What are capital gains
  2. What is Basis
  3. Why stepped-up basis is the HUGE tax break IRS gives us

And lastly, I’ll tell you the BIG mistake DIY “estate planners” make that can cost them tens, even hundreds of thousands in taxes

==========

READ

Pick up my books on Amazon. Reviews always appreciated!

==========

JOIN

Sign up to my email list for book announcements

==========

WATCH

Subscribe to my YouTube channel

==========

LISTEN

Subscribe to the “Simple Money Wins” podcast at:

  • iTunes: https://apple.co/2XvtoVz
  • Google Play: http://bit.ly/2XRWDRK
  • Stitcher: http://bit.ly/2Xuct5A
  • Spotify: https://spoti.fi/2XMDYa3
  • iHeartRadio: https://ihr.fm/2JwhDnV

==========

...more
View all episodesView all episodes
Download on the App Store

Anthony S. ParkBy Anthony Park

  • 5
  • 5
  • 5
  • 5
  • 5

5

18 ratings