@curiousminds wrote:
Okay but it feels like there isn’t strong consensus here.
Yes, as @AmeliesUncle posted, read the first answers to the OP's question.
Also, read the Code and Regs:
See https://www.law.cornell.edu/cfr/text/26/1.1015-4 (for the transferee)
See https://www.law.cornell.edu/cfr/text/26/1.1001-1#e (for the transferor)
