All posts by Jon Millman

Real Estate News July/August 2023

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 […]

Community News June 2023

Hello Friends. Summer is here, can you believe it? Congrats to the Denver Nuggets on winning their first NBA title. Did you know the Miami Heat were only the second number 8 seed to make the finals? The Dodgers relief pitching needs to improve and Ohtani continues to shine for the Angels. The weather service […]