Posted 1/11/2021 20:03 (#8743554 - in reply to #8743441) Subject: RE: Stepped up basis... again
West Lafayette IN
The farm pays income tax each year on the revenue that it generates. It also pays property tax every year. Then when you die, your heirs have to pay death tax. If they sell it, they pay capitol gains tax. How can you think this is O.K.?????
Stepped up basis... again
