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CA client own a rental in Hawaii. Spouse passed in 2018. Do we step the entire basis per CA rules, or only 1/2 as property is situated in non-community property state?

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jp1
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Property purchased while married and CA residents.

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Basis adjustment is made according to the rules of the state of residency of the decedent, not of the property. 

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Basis adjustment is made according to the rules of the state of residency of the decedent, not of the property. 

**Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Accept as solution"

View solution in original post

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