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Stepped up basis possibly protected??
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NE Ridger
Posted 9/13/2021 18:55 (#9218589 - in reply to #9218332)
Subject: RE: Stepped up basis possibly protected??

EC Nebraska
jtpfarm - 9/13/2021 15:27

Apparently he was given land as payment one time. His comment was "this bill will effect me and people like me who own land but don't farm. Bill gates would be another example". I don't believe for a second that politicians would pass a bill that only targets them and their donors as the ones coughing up the money.

Bill Gates holds his land in various investment corporations. I seriously doubt that this was going to affect him at all.
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