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I guess stepped up basis is considered a loophole
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Tank2516
Posted 6/30/2020 10:22 (#8345084 - in reply to #8345002)
Subject: RE: old news..??


That was my thought also. What ever you paid for it should be put into an inflation calculator and if you get more after adjusted for inflation you pay tax on that amount or if get less you get to write off that lost against other assets.
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