step-up in basis

Step-Up in Basis: Preserving Family Wealth Through Smart Estate Planning by Eric J. Lowe

The largest transfer of wealth in American history is already underway. According to Cerulli Associates, a leading global research and wealth management consulting firm, approximately $124 trillion is expected to change hands through 2048, with nearly $105 trillion transferring to heirs. A substantial portion of this wealth consists of highly appreciated real estate, including apartment…

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rental property investment

Investment Property Ownership: From a Secure Future to a Legal Liability by Mercedes Shaffer

The recent announcement of the largest healthcare fraud takedown in U.S. history, alleging billions of dollars in fraudulent Medicare and Medicaid claims, caught my attention. As I read through the headlines, I couldn’t help but think about California’s apartment owners. The contrast is difficult to ignore. On one hand, surprisingly simple fraudulent schemes can allegedly…

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