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w1891

Posted 6/30/2020 08:27 (#8344857 - in reply to #8344849)
Subject: RE: I guess stepped up basis is considered a loophole

S Illinois

And your capital asset didn’t take advantage of that inflation-you know the very definition of inflation. You are not taxed again on you initial purchase price. You are taxed on the gain from your inflation calculator. Not on the whole amount.

I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 06:59
- But MUH Biden, gotta have "orange man bad" get out, screw everything else - flyingfarmerNebraska : 6/30/2020 07:01
  - RE: But MUH Biden, gotta have "orange man bad" get out, screw everything else - Getoffmylawn : 6/30/2020 07:21
    - RE: But MUH Biden, gotta have "orange man bad" get out, screw everything else - Joelt : 6/30/2020 07:39
      - Okay - Getoffmylawn : 6/30/2020 09:25
        
        RE: Okay - Indrtfmr : 6/30/2020 09:31
        
        RE: Okay - Getoffmylawn : 6/30/2020 10:42
        
        RE: Okay - bobbyg : 6/30/2020 12:51
        
        RE: Okay - Douglas : 6/30/2020 13:37
        
        RE: Okay - greencountry : 7/1/2020 07:17
    - RE: But MUH Biden, gotta have "orange man bad" get out, screw everything else - Baby Robin : 6/30/2020 07:44
    - RE: But MUH Biden, gotta have "orange man bad" get out, screw everything else - Oliver1 : 6/30/2020 08:00
    - RE: But MUH Biden, gotta have "orange man bad" get out, screw everything else - mcfarm : 6/30/2020 08:07
      - RE: But MUH Biden, gotta have "orange man bad" get out, screw everything else - Getoffmylawn : 6/30/2020 09:09
        
        RE: But MUH Biden, gotta have "orange man bad" get out, screw everything else - RCR : 6/30/2020 10:25
        
        RE: But MUH Biden, gotta have "orange man bad" get out, screw everything else - thor : 7/1/2020 17:12
- RE: I guess stepped up basis is considered a loophole - ctlfarmer : 6/30/2020 07:06
- RE: I guess stepped up basis is considered a loophole - AGDEAL : 6/30/2020 07:07
  - RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 07:12
    - RE: I guess stepped up basis is considered a loophole - praire dog : 6/30/2020 07:17
      - RE: I guess stepped up basis is considered a loophole - dogg4585 : 6/30/2020 07:20
        
        old news..?? - JonSCKs : 6/30/2020 07:51
        
        RE: old news..?? - H3f : 6/30/2020 09:31
        
        RE: old news..?? - Indrtfmr : 6/30/2020 09:35
        
        RE: old news..?? - Tank2516 : 6/30/2020 10:22
    - RE: I guess stepped up basis is considered a loophole - Baby Robin : 6/30/2020 07:20
      - RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 07:37
    - RE: I guess stepped up basis is considered a loophole - kst1 : 6/30/2020 09:28
    - RE: I guess stepped up basis is considered a loophole - purplepride0 : 6/30/2020 11:17
      - RE: I guess stepped up basis is considered a loophole - Big Ben : 6/30/2020 11:30
  - yes - Dave NWIL : 6/30/2020 08:11
    - RE: yes - Boone & Crockett : 6/30/2020 08:18
      - RE: yes - Dave NWIL : 6/30/2020 08:32
        
        RE: yes - dogg4585 : 6/30/2020 08:52
        
        RE: yes - Boone & Crockett : 6/30/2020 09:16
- RE: I guess stepped up basis is considered a loophole - WeaveFarmer : 6/30/2020 07:15
  - RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 07:22
    - RE: I guess stepped up basis is considered a loophole - STOMN : 6/30/2020 07:37
      - RE: I guess stepped up basis is considered a loophole - farmerkev : 6/30/2020 07:54
        
        RE: I guess stepped up basis is considered a loophole - Gearclash : 6/30/2020 09:47
        
        RE: I guess stepped up basis is considered a loophole - Big Ben : 6/30/2020 11:40
      - RE: I guess stepped up basis is considered a loophole - Big Ben : 6/30/2020 09:34
      - RE: I guess stepped up basis is considered a loophole - tw35 : 6/30/2020 11:06
- RE: I guess stepped up basis is considered a loophole - ctlfarmer : 6/30/2020 07:15
- RE: I guess stepped up basis is considered a loophole - jack1 : 6/30/2020 07:24
  - RE: I guess stepped up basis is considered a loophole - White Workhorse : 6/30/2020 12:28
- RE: I guess stepped up basis is considered a loophole - dittfarms : 6/30/2020 07:25
- RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 07:34
  - RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 08:05
    - RE: I guess stepped up basis is considered a loophole - Big Ben : 6/30/2020 09:38
  - RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 08:10
    - RE: I guess stepped up basis is considered a loophole - farmerkev : 6/30/2020 08:18
      - RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 08:20
        
        RE: I guess stepped up basis is considered a loophole - farmerkev : 6/30/2020 08:21
        
        RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 08:27
        
        RE: I guess stepped up basis is considered a loophole - farmerkev : 6/30/2020 08:33
        
        RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 08:44
        
        RE: I guess stepped up basis is considered a loophole - farmerkev : 6/30/2020 08:59
        RE: I guess stepped up basis is considered a loophole - Big Ben : 6/30/2020 09:41
        
        RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 10:16
        
        RE: I guess stepped up basis is considered a loophole - Big Ben : 6/30/2020 10:37
        
        RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 10:58
        
        RE: I guess stepped up basis is considered a loophole - Indrtfmr : 6/30/2020 09:50
        
        RE: I guess stepped up basis is considered a loophole - IowaGuy : 6/30/2020 10:51
        
        RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 11:03
      - RE: I guess stepped up basis is considered a loophole - H3f : 6/30/2020 08:52
        
        RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 10:07
        
        RE: I guess stepped up basis is considered a loophole - H3f : 6/30/2020 13:37
        
        RE: I guess stepped up basis is considered a loophole - Douglas : 6/30/2020 13:40
    - RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 08:24
    - RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 08:26
      - RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 08:34
        
        RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 08:36
        
        RE: I guess stepped up basis is considered a loophole - w1891 : 6/30/2020 08:46
  - RE: I guess stepped up basis is considered a loophole - Gearclash : 6/30/2020 09:42
- RE: I guess stepped up basis is considered a loophole - McFarmer : 6/30/2020 07:38
  - RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 07:52
- RE: I guess stepped up basis is considered a loophole - Dirk Diggler : 6/30/2020 07:41
  - RE: I guess stepped up basis is considered a loophole - mcfarm : 6/30/2020 07:49
    - Dynasty Trust would that protect everything you - dlwfarms52 : 6/30/2020 08:00
  - RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 08:01
- RE: I guess stepped up basis is considered a loophole - Jackrabbit : 6/30/2020 08:22
  - RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 08:31
    - RE: I guess stepped up basis is considered a loophole - H3f : 6/30/2020 09:24
      - RE: I guess stepped up basis is considered a loophole - ctlfarmer : 6/30/2020 09:33
        
        RE: I guess stepped up basis is considered a loophole - Big Ben : 6/30/2020 10:25
        
        RE: I guess stepped up basis is considered a loophole - H3f : 6/30/2020 14:37
        
        RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 15:05
        
        RE: I guess stepped up basis is considered a loophole - H3f : 6/30/2020 19:57
        
        RE: I guess stepped up basis is considered a loophole - Grhog : 6/30/2020 21:12
        
        RE: I guess stepped up basis is considered a loophole - H3f : 6/30/2020 23:12
        
        RE: I guess stepped up basis is considered a loophole - Douglas : 6/30/2020 15:05
        
        RE: I guess stepped up basis is considered a loophole - H3f : 6/30/2020 23:02
    - RE: I guess stepped up basis is considered a loophole - RealFarmer : 6/30/2020 09:45
      - RE: I guess stepped up basis is considered a loophole - Boone & Crockett : 6/30/2020 10:47
- RE: I guess stepped up basis is considered a loophole - mn_feeder : 6/30/2020 08:30
  - RE: I guess stepped up basis is considered a loophole - boatload : 6/30/2020 09:08
    - RE: I guess stepped up basis is considered a loophole - mcfarm : 6/30/2020 09:14
      - RE: I guess stepped up basis is considered a loophole - boatload : 6/30/2020 11:58
  - RE: I guess stepped up basis is considered a loophole - Big Ben : 6/30/2020 09:57
- RE: I guess stepped up basis is considered a loophole - turdypointbuck : 6/30/2020 09:34
- RE: I guess stepped up basis is considered a loophole - ruralHusker : 6/30/2020 09:34
- RE: I guess stepped up basis is considered a loophole - fatan sassy : 6/30/2020 09:36
- RE: I guess stepped up basis is considered a loophole - Distance Runner : 6/30/2020 14:51
  - RE: I guess stepped up basis is considered a loophole - farmerkev : 6/30/2020 15:27
    - RE: I guess stepped up basis is considered a loophole - Distance Runner : 6/30/2020 16:01
      - RE: I guess stepped up basis is considered a loophole - Grhog : 6/30/2020 18:07
        
        In reply to RealFarmers question on how to get ahead of this - Boone & Crockett : 6/30/2020 19:05
        
        RE: In reply to RealFarmers question on how to get ahead of this - trapperjon : 7/1/2020 06:01
  - RE: I guess stepped up basis is considered a loophole - trapperjon : 7/1/2020 06:17
    - RE: I guess stepped up basis is considered a loophole - Distance Runner : 7/1/2020 14:35
- RE: I guess stepped up basis is considered a loophole - pat-michigan : 7/1/2020 09:02
  - RE: I guess stepped up basis is considered a loophole - Douglas : 7/1/2020 13:33
    - RE: I guess stepped up basis is considered a loophole - pat-michigan : 7/1/2020 14:38
- Eliminate 1031 - jonas grumby : 7/1/2020 14:56
  - RE: Eliminate 1031 - pat-michigan : 7/1/2020 15:33

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