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Sell the farm?
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nilbart
Posted 1/28/2021 16:53 (#8789731 - in reply to #8789499)
Subject: RE: There is no free lunch


GUESS it depends on what the price of land is at the time of death of each owner, assuming a husband and wife. still should be able to split estate with portion going to kids at first death with remainder at second passing. Again, IF land is kept and not sold, guessing there will be some year limit on that for capital gains capture. Everybody's just guessing now, just like I am. State I live in has state estate tax and is nowhere as generous as the Fed and GUESS Pricker could always hike that a bit if his associates so choose.
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