Angel Zhen, CPA EA MSTax
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Ask the Community - Angel Zhen, CPA EA MSTax
I am selling a real estate rental property, my agent told me about Step Up on Basis, to reduce the amount of capital gain that I have to pay. The property is in a living trust. Can you help me with that or I need a lawyer? Thanks
Norma, The Step-Up in Basis could help you save big on capital gains taxes by adjusting your property’s value to the fair market value at the time of the owner’s passing. If you’re unsure how your living trust applies, I’d love to help you figure it… Read more
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Angel Zhen, CPA EA MSTax - taxservices - Updated May 2026
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