My Account
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Nov 20, 2020
3:06
:58
pm
cube3_cougar
3rd String
Step up in basis would only be for the portion he owned. If he only owned 50%,
the step up to FMV would only be for his portion.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
cube3_cougar
Bio page
cube3_cougar
Joined
Dec 24, 2014
Last login
May 16, 2024
Total posts
533 (2 FO)
Report problem with this ad
Messages
Author
Time
Mortgage brokers and lenders, I need your help.
grandpacoug
11/20/20 1:19pm
Those would likely need to be refinanced by the commercial side of the bank.
Gibbcoug
11/20/20 1:31pm
Thank you for the step up basis information!
grandpacoug
11/20/20 1:46pm
Step up in basis would only be for the portion he owned. If he only owned 50%,
cube3_cougar
11/20/20 3:06pm
Yep - All depends on how it is structured
Gibbcoug
11/20/20 3:22pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad