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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (249938)	5/26/2010 9:09:17 AM
From: Jim McMannis	Read Replies (1) \| Respond to of 306849

Probably no step up basis unless they retro-activate the estate tax for 2010? Otherwise, looking for original cost basis could be a whole lot of trouble.

To: Travis_Bickle who wrote (249938)	5/26/2010 9:27:39 AM
From: patron_anejo_por_favor	Respond to of 306849

Whatta clusterfcuk......<NG>

To: Travis_Bickle who wrote (249938)	5/26/2010 11:35:22 AM
From: Broken_Clock	Respond to of 306849

Had a pretty wealthy client pass away this week, had to tell his son I have no idea what he will wind up with in terms of estate taxes, and hold off on selling securities cause I don't know if there is a step up in basis either, lol. Congress better get cracking on this stuff. ---- thank god for billable hours ;)

To: Travis_Bickle who wrote (249938)	5/26/2010 8:07:42 PM
From: orkrious	Respond to of 306849

and hold off on selling securities cause I don't know if there is a step up in basis either, The guy has unrealized gains that exceed his loss carryforwards? He must read this thread. <ng>