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Liz Weston: Home’s step-up tax basis doesn’t happen if owners aren’t married
Liz Weston: Home’s step-up tax basis doesn’t happen if owners aren’t married
Liz Weston: Home’s step-up tax basis doesn’t happen if owners aren’t married

Published on: 09/07/2025

This news was posted by Oregon Today News

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Inherited assets typically get a step-up in tax basis to their current market value, which means that no one has to pay taxes on the appreciation that occurred during the original owner’s lifetime. (Getty Images)

Dear Liz: I own a house with my longtime boyfriend. If one of us dies, how does the capital gains step-up affect the other?

News Source : https://www.oregonlive.com/business/2025/09/liz-weston-homes-step-up-tax-basis-doesnt-happen-if-owners-arent-married.html

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