|
Will I Lose The Capital Gains Exclusion If I Gift My Home Through An LLC (Popularity: )
Question: Dear Mr. Pancheri, I read your great article “Gifting Real Estate Under the Annual Gift Tax Exclusion.” In this article you explain that an LLC can be used to accomplish this. I am considering an LLC as a method to gift my house to my son. I have two questions:
- Is there any change in the basis when membership units are transferred (that is, can I take advantage of ...
|
|
|