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Path: utzoo!linus!security!genrad!decvax!harpo!eagle!mhuxl!houxm!houxz!halle1
From: halle1@houxz.UUCP
Newsgroups: net.taxes
Subject: Re: Houses, Death and Taxes
Message-ID: <590@houxz.UUCP>
Date: Fri, 18-Nov-83 08:27:17 EST
Article-I.D.: houxz.590
Posted: Fri Nov 18 08:27:17 1983
Date-Received: Sat, 19-Nov-83 03:58:34 EST
References: <349@packet.UUCP>
Organization: Bell Labs, Holmdel NJ
Lines: 4

As I understand it, capital gains are forgiven upon death, at least if the
estate goes to a spouse (this restriction might not exist).  However, the
estate is practically zero anyway, since the bank gets its money first.
It seems awfully risky to me.