When appreciated property is transferred at death,the recapture potential carries over to the person who receives the property from the decedent.

Name: When appreciated property is transferred at death,the recapture potential carries over to the person who receives the property from the decedent.
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Question

Quizplus · Accepted Answer

Recapture potential does not carry over at death; the property receives a step-up in basis to its fair market value at the date of death, eliminating the recapture potential.

When Appreciated Property Is Transferred at Death,the Recapture Potential Carries