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Big Ed Big Ed is offline
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Join Date: Dec 2002
Location: Worcester County, MA
Posts: 853
Len,

I was considering a similar move a couple years ago. My CPA thought that the purchase of a relative's property could be challenged as not an "arms length" transaction, and there fore would not qualify.

Obviously the best advice before pursuing anything of this sort is to retain professional counsel.
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Once an 88 930 Cab & 86 Carrera
Now someone else's
Old 12-02-2006, 08:36 PM
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