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Selling assets to offspring for a $1 is as old as money To close all the simple loop holes and the complex ones is How do you distinguish between a retiree se
by zaphirplane 6y ago
Selling assets to offspring for a $1 is as old as money
To close all the simple loop holes and the complex ones is
How do you distinguish between a retiree selling their home to live off the income vs selling it ti pass the money to their kid
- ValentineC 6y ago> Selling assets to offspring for a $1 is as old as money Some tax authorities frown on this, and require that transactions be conducted "at arm's length": https://en.wikipedia.org/wiki/Arm%27s_length_principle#Examples_in_contract_law https://en.wikipedia.org/wiki/Arm%27s_length_principle#Examp...