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Perchoutofwater

By Perchoutofwater,
in The Tailgate

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Perchoutofwater Huddler All-Pro

Perchoutofwater

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1. If I buy a piece of property can I set up a LLP for that property and then sell 1/3 of it to each of my two kids at a reduced rate due to their shares being a minority shares and not as valuable as sole ownership?

 

2. What is the minimum percentage rate I can loan money to my kids with out it being viewed as a gift?

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