What is a Stepped-Up Basis? Many people have heard the term “stepped up basis” but are not sure what it means. A stepped-up basis is when a homeowner passes away, their home’s value is reset for their heirs. The heirs pay capital gains only on the difference between the new market value at the time […]
Hello Friends. Summer is here and so is the warm weather. Will Angels super star Ohtani be a Dodger by the time you get this newsletter or still an Angel? He is a free agent at the end of the season and is expected to get a record breaking $500 million dollar or more long […]