When anticipating taxes on capital gains, it is important to understand what the IRS considers profit. Learn more about Nevada capital gains tax in this presentation.
35. A special federal tax rule
applies to community
property to allow a full
step-up in basis at the first
spouse’s death
36. If you want your spouse to inherit
your home, it would be better to
transfer your home to a living trust
and name your child as the
beneficiary after your death