Asked by Cuticuti, San Ramon, CA • Thu Dec 27, 2007
If i have a house in SJ bought for $600K but now it's worth at least 1.15 Million. Should I sell now to have $500K free tax or should I keep it as renting and leave the house for my kids?
For inheritance tax, how much will my kids have to pay? How much is the max that they can have without paying? What happens if I have another rental house and it's worth 100K more in increasing. Can it also be free inheritance tax?
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