qbteachmt
Level 15
02-27-2024
01:38 PM
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"How do I give new beneficiary (daughter) a "step up basis" upon sale for her K1."
This is a community property state, right? And that beneficiary inherited the share of the partnership; not the building. The building is owned by the partnership, is what you stated.
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.