TrueBooks CPA的动态

Transcript

A lot of people think that when you 1031 into something that I now get to step up, why can't I cost seg $100,000 that's left you already did on the old property. It's a rollover basis. So why is it $100,000 that I didn't roll over that property? Why can't you did roll over? That's what you did. And the $100,000 I did not get rolled over that $100,000 that's there from that $200,000 property, all $100,000 into it. There's $100,000 because you don't get the basis from the game. The additional you only get a step up in basis when you put more money in the deal. If you just take the gain and buy something new, you're not going to get a new basis.