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#fairmarketvalue — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #fairmarketvalue, aggregated by home.social.

  1. A 78-Year-Old’s $1.2 Million Inherited Family Home Faces a $190,000 Capital Gains Surprise When the Heirs Missed the Step-Up

    Quick Read An adult child clears out a parent’s house, sells within a year or two, and assumes…
    #NewsBeep #News #Personalfinance #Business #costbasis #Fairmarketvalue #Finance #financialadvisor #IRCSection #middle-classfamilies #PersonalFinance #taxattorney #taxprovision #UK #UnitedKingdom
    newsbeep.com/uk/580104/

  2. Inherited gold from parents? Here’s what you need to know about your tax liabilities – Inherited gold from parents?

    Did you inherit gold jewellery from your parents and are wondering if you need to pay income tax…
    #NewsBeep #News #Personalfinance #acquisition #AU #Australia #Business #CostInflation #Fairmarketvalue #Finance #Inheritgoldjewellery #PersonalFinance #Taxrates
    newsbeep.com/au/131130/