What is a stepped-up basis, and how can it affect your investing? What does it mean to have a stepped-up in cost basis on an appreciated asset? They’ve been mentioned a lot lately- will they be going away with the new Biden tax proposals? David Moore of Equity Advantage explains these concepts and more.

What You Will Learn in This Video

  • What a stepped-up basis is
  • How the stepped-up basis interacts with the 1031 exchange
  • Whether the stepped-up basis is in danger of going away

The stepped-up basis is a big asset to those inheriting property. Learn what it’s all about by watching the video or reading the full transcript below.

Read the Full Transcript

1031 exchanges are complex, using an exchange accommodator like Equity Advantage puts a professional in your corner who knows all the rules. It just takes a phone call to get started, 503-635-1031.