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> I can’t sell my family member my house for $1 for example In most countries you absolutely can. The difference between market value and the sale price might
by Denvercoder9 2y ago
> I can’t sell my family member my house for $1 for example
In most countries you absolutely can. The difference between market value and the sale price might be considered and taxed as a gift, but such a deal is generally not prohibited.
- xinan 2y agoIf I overpay for a house, shouldn’t it be taxed as a gift too? :p
- datadrivenangel 2y agoDepends on the circumstances, but quite possibly?