Quote:
Originally Posted by Cowboy89
That's a synthetic estate tax when you think about it. When do people not in the 0.13% have over $250k in capital gains in a year? Basically deemed disposition upon death.
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Agreed, most likely these will get triggered when people die - rental properties, personal use property, stocks, funds, etc. Luckily the principal residents exemption still is in effect so should at the very least shield that.
Will make gifting even more important going forward.