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Sale to relative

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Old Dec 5th, 2007, 03:43 PM     #1
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Default Sale to relative

Is it considered legal considerationif I sell a cer to my daughter for one dollar?
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Old Dec 7th, 2007, 04:27 PM     #2
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Default Re: Sale to relative

It is legal.

Depending on the value she may have some gift tax issues.

You can also just give her the car,
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