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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (83960)8/8/2007 12:50:05 PM
From: John ChenRespond to of 306849
 
tradelite,re:"not a tax expert..IRS website". No problem.
Thanks. Seminole83 gave me the answer. One would think
the IRS website should have something very clear and simple
example on this rather common situtation (rich relative giving
out stock). Guess the accountant association make sure no one
knows the truth on simple thing.