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> 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": htt
by 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...