- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
It's a loss problem with passive and capital losses coming into play. If you sell to a relative you can't recognize those losses BUT you must recognize gain. Are you selling to the sibling at FMV? You should not get in to a bargain sale thing and you should get tax and legal pros to help with this.
‎August 16, 2021
3:23 PM