LogFAQs > #972863520

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, Database 11 ( 12.2022-11.2023 ), DB12, Clear

Topic List	Page List: 1
Topic	Stock Market General #49
Gamingsince1989 04/15/23 3:51:13 PM #143:	CE_gonna_CE posted... This is correct. Step up in basis. Applies to real estate, stocks, pretty much any asset class I inherited his house as well but I'm going to have to sell that as I don't live in California, and I don't really want to bother with trying to rent to random people. I will probably have to pay capital gains on the house though, because they valued it much lower than what houses in the area are going for. <cite>Gamingsince1989 posted [p:972863520] in Stock Mark... [t:80378016]...</cite> <quote>CE_gonna_CE posted... </cite><quote>This is correct. Step up in basis. Applies to real estate, stocks, pretty much any asset class</quote>I inherited his house as well but I'm going to have to sell that as I don't live in California, and I don't really want to bother with trying to rent to random people. I will probably have to pay capital gains on the house though, because they valued it much lower than what houses in the area are going for. </quote> ... Copied to Clipboard!
Topic List	Page List: 1