2023 Fall Episode 6 - October 14, 2023

Gilbert talks about legal tax avoidance, house flipping and capital gains, gift tax, deadlines and amended returns, with lots of historical asides along the way from Kennedy and the Space Race to present day. A little tax planning goes a long way to avoiding future disasters. Gilbert answers a listener question about inheriting a home and step-up basis, with his famous "Uncle Marvin" scenario. He signs off with a reminder to "Keep Israel in our prayers!"