Analysis of S Corporation Outside Basis Step-Up

Analysis of S Corporation Outside Basis Step-Up

Analysis and strategic advice relating to high-value real estate inherited via. ownership of S Corporation shares.  Implications of sale of underlying property and distribution of assets on built-in gains and outside capital losses, intra-year netting and carry forward/carry back strategies, historical analysis of inside basis adjustments from date of death forward and implementation of dissolution mechanics to ensure recapture without tax slippage.