I have a friend who has a big property which market value is $3,000,000. He decided to sell it to his son for $300,000, so he can avoid gift tax and estate tax. Can he do so?
Posts Tagged ‘Their’
Can people sell their real estate under fair market value to their children?
Can a city force a private home owner to sell their parcel of land for public purposes?
The city wants to build a parking lot for the police department and I have a commercial lot with a house on it that sits right behind the police department. I have heard that they might try and force me to sell my land/house to them. I also have heard that they have done this [...]
What are those things you can buy today, and down the road their worth more?
I believe its some kind of bond? And you buy them at a certain price, and you wait for them to mature a certain amount of time. What i need is the correct name, and I need to be directed to as much information about them as possible.
What is the best downloadable shopping cart that doesn’t require you to buy their hosting?
I want to find the best shopping cart that doesn’t require you to buy their hosting or package. A cart with lots of features and stuff.
How do I get an account with a electronics manufacturer to sell their product?
I want to sell a particular part that I’m continually buying retail to fullfill orders, and I want to cut out the middleman and buy it directly from the manufacturer. What do I need for them to sell it to me, and who do I need to contact at the manufacturer? Also, how [...]
Why are people willing to sell me their precious gold for my worthless dollar? Shouldn’t they keep the gold?
I keep reading and hearing about how the economy is going to collapse and the dollar will be worth nothing. I’m also told I should buy gold, silver, palladium, whatever… Why are these people so willing to sell me these preciouse metals in trade for my money when they say I should buy this stuff [...]
Is their a way i can group my individual stocks into a basket like a mutual fund or ETF and manage my portfol?
the reason i ask is i dont want to pay the fees for each individual stock everytime i trade so if there are any other examples to avoid these fees it would be greatly appreciated.
What should the average investor put their money into when oil and gold start to drop?
Gold has been doing well and oil has been through the roof…but eventually the price will fall again and I donĀ“t want to be left holding the knife. What commodities/ securities/ investments will be increasing when oil and gold retrace?
What kind of items would teens (and their families) most liekly want to buy from an internet site?
My friend is running a teen advice/chat site. However, they are desperatly in need of a profit, so they are setting up their own store to generate more revenue to help pay for their hosting. I was wondering what type of products would teens be most likely to buy from a site like that? All [...]
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