Estate Tax and Stepped-Up Basis

The apartment industry supports the retention of current-law stepped-up basis rules. Changes to current law could either diminish or discourage the ability of heirs to make improvements to inherited property. Affordable housing inventory could be lost as a result.

Issue Fact Sheet

More information on estate tax, in addition to the NMHC/NAA viewpoint.

Issue Fact Sheet

More information on stepped-up basis , in addition to the NMHC/NAA viewpoint.

Study Shows Repealing Stepped-Up Basis Would Damage the Economy

A new report released by Ernst & Young finds that repealing the Step-Up in basis tax provision would cause damage to the Gross Domestic Product (GDP) and a significant decrease in job creation.