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I guess stepped up basis is considered a loophole
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Posted 6/30/2020 10:42 (#8345124 - in reply to #8344990)
Subject: RE: Okay

Texas, the really flat part
Sure I can be. I own 700 acres of irrigated land. If it gains 100% in value from the time I purchased it to the time I croak that gain was never taxed.

Now why do you hate America?
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