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Updated about 6 years ago on . Most recent reply

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795
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Brandon Hicks
  • Investor
  • Avilla, IN
768
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795
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Limit to how much stepped up basis can you can claim?

Brandon Hicks
  • Investor
  • Avilla, IN
Posted

I understand how passing property to heirs at stepped up basis works....

My question is...is there a limit to how much property the heirs can receive at the stepped up basis?

And we’re talking $20m+ in property for reference in this case.

Most Popular Reply

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1,407
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754
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Lance Lvovsky
  • Accountant
  • Fort Lauderdale, FL
754
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1,407
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Lance Lvovsky
  • Accountant
  • Fort Lauderdale, FL
Replied

@Brandon Hicks

There is no limit.

  • Lance Lvovsky
  • Loading replies...