Discussion:Related party loss - personal residence
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| Revision as of 00:17, 4 February 2009 Wiles (Talk | contribs) (New Discussion) ← Previous diff |
Revision as of 02:32, 4 February 2009 SCCPA (Talk | contribs) (See Sec. 267(d)I) Next diff → |
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| {{ForumNewPost|UserID=Wiles|Date=4 February 2009|Text=If a parent purchases their child's personal residence at a loss to the child, does the parent get to use the child's basis in the residence as their basis under the related party loss rules? Or does this only apply to business or investment property?}} | {{ForumNewPost|UserID=Wiles|Date=4 February 2009|Text=If a parent purchases their child's personal residence at a loss to the child, does the parent get to use the child's basis in the residence as their basis under the related party loss rules? Or does this only apply to business or investment property?}} | ||
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| + | {{ForumReplyPost|UserID=SCCPA|Date=4 February 2009|Text=See Sec. 267(d)IRC}} | ||
Revision as of 02:32, 4 February 2009
Discussion Forum Index --> Basic Tax Questions --> Related party loss - personal residence
Discussion Forum Index --> Tax Questions --> Related party loss - personal residence
| 4 February 2009 | |
| If a parent purchases their child's personal residence at a loss to the child, does the parent get to use the child's basis in the residence as their basis under the related party loss rules? Or does this only apply to business or investment property? | |
