Should I just hold the property until death for the step-up, or does the NRA estate tax wreck that plan?
I keep exchanging into bigger US properties and deferring gain. Someone said if I just hold until I die, the deferred gain disappears because of a basis step-up, so why ever pay the tax? But I'm a nonresident, not a US citizen. Does the US estate tax come after my heirs on the US real estate, and does that ruin the 'hold until death' strategy? Trying to think about this clearly before I keep rolling.
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