Xpe wrote:While we're on the topic... Can you gift appreciated stocks to a family member in a lower bracket, they sell and pay lower taxes, then gift the money back to you? Or is that tax fraud?
Also does above mean, if my cost basis for the stock was X$ and the price now is now 2X$, the cost basis for the recepient is still x$ not 2x$?
My current employer has mostly Front-End Load funds available
Mark2614 wrote:Right now his job is mostly cash based so while he makes good money, he doesn't make a lot on paper to get a loan to buy it himself.