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What is Step-Up Basis?

What is Step-Up Basis?

Season 2 Episode 104 Published 7 years, 5 months ago
Description

A step-up in basis can be a very good thing at tax time. The term relates to capital gains tax and can save you considerable money should you ever decide to sell an asset or property that you've inherited. On today's show, Ralph gives the run-down on  step-up basis to save you tax dollars come tax season.

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