Video blog – Answer to Life Estate deduction question and more!

This is my first video blog!  I finally found the answer to the question of whether a donor of a life estate interest can elect to take a “cost basis” deduction (instead of a fair market value deduction) so that he/she can take a higher AGI ceiling limit.  The answer is not what I expected.  Check out this 20 minute video blog:

CLICK HERE TO JOIN TOMORROW’S “IS THE GREAT WEALTH TRANSFER FINALLY HERE” PRESENTATION (OVER 50 DATA SLIDES FROM THE VSE, GIVING USA, IRS, U.S. CENSUS BUREAU, AND MORE).

Leave a Reply