3 ms·
Is there any other capital gains asset that has an inflation indexed tax basis? I'm not aware of any. Real estate land gains tend to dwarf any inflation effect
by epistasis 3y ago
Is there any other capital gains asset that has an inflation indexed tax basis? I'm not aware of any.
Real estate land gains tend to dwarf any inflation effect, so it's a pretty minor tweak to include, anyway.
Tax treatment of depreciation of buildings is also a big factor here.