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Old 2004-01-23, 08:17 PM   #20
Kevin M
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Join Date: Sep 2003
Location: Reno
Posts: 9,445
 
Car: '93/'01 GF6, mostly red
Class: 19 FP
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I'm sure he'll still have it in a few weeks.

Quick way to get around capital gains (on a house)- but a house. gain equity through appreciation. sell it to your parents way below market value. take the loss on your income tax (and probably pay nothing ). have them give it back to you- no taxes. hth.
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