nottelybill
Member
What is the name of your state? Georgia
I bought half interest in a piece of land. all documents read for one dollar and other valuable considerations. then I transfered some mutual funds to the sellers account. now if i say I gilfed him the mutual funds at the price I purchased them( the mutual funds) at can I avoid the capitol gains and then when he sells them if ever he will pay on that basis?
I bought half interest in a piece of land. all documents read for one dollar and other valuable considerations. then I transfered some mutual funds to the sellers account. now if i say I gilfed him the mutual funds at the price I purchased them( the mutual funds) at can I avoid the capitol gains and then when he sells them if ever he will pay on that basis?