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Monday, January 10, 2022 1:00:47 PM
wow that is ugly
or
Real Estate Owners can avoid capital gains with swaps and then the Kids get it no tax
buy at 300K and swap for another at 600K then another at 1.2MM
it is like being able to swap
MSFT bought for a total of 50K
then
you take the NOW 200K and buy Google
with NO ZERO capital gain tax as its a TRANSFER
or
Real Estate Owners can avoid capital gains with swaps and then the Kids get it no tax
buy at 300K and swap for another at 600K then another at 1.2MM
it is like being able to swap
MSFT bought for a total of 50K
then
you take the NOW 200K and buy Google
with NO ZERO capital gain tax as its a TRANSFER
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