Mizuho raised its rating on Brixmor Property Group (NYSE:BRX) to Outperform from Neutral due to the shopping REIT's ...

Step 1: Establish Basis The surviving spouse receives a step-up in basis when the first spouse dies. However, the value of that adjustment depends on whether they live in a community property state.

The tax depreciation deduction available will be the lower of the tax written down value of the investment property or four ...

Home Retirement Estate Planning How Community Property Trusts Can Benefit Married Couples Getting a step-up in basis when each spouse dies can be a big tax advantage, one that has not been ...

The combination of a step-up in basis with cost segregation, and possibly bonus depreciation, frees up cash flow during the critical early stages of new ownership, giving heirs more options to make ...

The cost basis of the rental property consists of the amount you paid for the property, including any expenses related to the sale, transfer and title fees.

The release of this decision reflects the Ministry’s commitment in ensuring a level playing field for all taxpayers, thus ...

Under prior law, a substantial built-in loss existed if the adjusted basis in the partnership’s property exceeded the fair market value of the property by more than $250,000.

Eric N. Mann and Jacob H. Calvert of Neal Gerber Eisenberg discuss a Revenue Ruling that has confirmed the position of the Internal Revenue Service that completed gifts to grantor trusts are not ...

The IRS issued guidance for recipients of property from decedents on the basis-consistency requirement and for executors and others on basis-reporting requirements.

Stepped-up basis is a tax provision that allows heirs to reduce their capital gains taxes. When someone inherits property and investments, the IRS resets the market value of these assets to their ...

What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they ...