4 ms·

I'm imagining online home buying with a checkbox "[ ] Create a shell corporation to hold the asset acquired in this transaction (+$3,000)".

• arethuza 9y ago
  The trick seems to be to have a shell company that owns the property and then buy and sell the company rather than the property - the Panama Papers are full of these kinds of shenanigans.
  • teh_klev 9y ago
    Here's an example of that kind of shell company trickery: http://www.andywightman.com/archives/4492 http://www.andywightman.com/archives/4492
  • w_t_payne 9y ago
    ... or buy and sell options on that stock, so no actual change in ownership at all, (company or property) but rather just an exchange of contracts and obligations with a somewhat remote (and hard-to-prove) relationship with anything even remotely taxable.
  • mistermann 9y ago
    Yes, and I believe this avoids a large tax as well. Our politicians have completely failed us, but so many people are getting so rich they don't care.