Business & farm

Hi @AmeliesUncle I grasp the logic around your scenarios. Thanks for your input into this. I have two questions:

 

1. I didn't sell the vehicle. I think I wrote this earlier. I signed over my title to the dealer, and the dealer discounted the FMV of the car ($1500) when selling a new car to my mother. So, I'm unclear why I should use a $1500 sale price and not a $0 sale price.

 

2. Why is @AmyC wrong in your opinion?