Business, 21.01.2020 22:31, mandoux

Mr. bailey would like to gift $515,000 (fmv) of appreciated property (basis $200,000) to his son. mr. bailey doesn't want to use his liquid assets to pay the gift tax (40%). he already has gifted $11,400,000. what would you suggest?

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Mr. bailey would like to gift $515,000 (fmv) of appreciated property (basis $200,000) to his son. mr...