does right of survivorship also receive the step-up basis?
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I thought the only way you can receive a step-up basis is by getting the property when someone dies. If you own the house already, which either by joint tenancy or community property, why do you receive a step-up basis when the other party die?
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• got the answer already, thanks anyway. -caliber- ♂ (0 bytes) () 11/03/2008 postreply 15:23:26