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Avoiding Capital Gains Taxes with Stepped-Up Cost Basis on Inherited Property

One effective strategy to avoid capital gains taxes is to hold property within an estate until the owner's passing. Upon death, the property receives a stepped-up cost basis, resetting its value to the market value on the date of death. This allows heirs to sell the property with little to no capital gains tax liability, a common oversight in ...

16.5K viewsJul 9, 2024

Property Tax Rates by State

Here’s a list of states with the highest property tax rates; Where does New York rank?

silive.com

9 months ago

Understanding Property Tax Calculation and State Rankings

investopedia.com

Sep 9, 2024

This study ranked all 50 states by property tax rates. See where New Jersey falls

northjersey.com

Feb 21, 2024

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