InvestorsHub Logo
Followers 399
Posts 104416
Boards Moderated 11
Alias Born 05/18/2002

Re: cintrix post# 4725

Thursday, 04/13/2017 2:17:14 PM

Thursday, April 13, 2017 2:17:14 PM

Post# of 6299
even to a spouse? Here, If, per your Will, you leave your assets to your spouse, they get it at your cost base. It's when the last dies, that the gain hits. Also here, capital losses (ie on stocks) can only be offset against capital gains. You can carry them back 3 yrs to offset against gains and future indefinitely to the extent not used. If you die, your losses can be used to offset other income - which is my tax planning.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.