1: What is the best way for our in-laws to wire money to us? Will it have any tax implications?
Any help is extremely appreciated.
Jim180 wrote:quanuec wrote:How about (a) were VTI and (b) were SPY?
We know there is a 20% difference between those two ETF's so IMO that would not be a wash sale.
madbrain wrote:quanuec wrote:what about the taxes on dividends which need to be paid regularly in taxable and are neatly avoided in tax deferred?
It will be simpler, except for the filing of form 8606 every year.