I think you missed that the question you answered was linked to the prior question:What about moving it to a family trust?If you sold it at roughly fair market value, would there be a related party sales issue?A sale at fair market value to a relative is not a problem.What do you mean "is not a problem"? The OP was asking about the ability to exclude gains by 'selling' to a family trust. And by 'selling' it appears that the OP meant 'have a formal change of ownership'. Are you saying that the OP could have formally moved the title from "OP and spouse" to "OP and spouse Family Trust" and excluded the gain? Because that would be a problem.AJ
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra