Question for tax lawyers: can you sell something to yourself? Or, is a true sale, by definition, a transaction between two distinct legal entities?
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Question for severed tax lawyers: can your innie sell something to your outie?
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Last one, I promise: Is there something that prevents you from taking a deduction on a loss generated by selling an asset to your spouse?
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It’s spelled vagena
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In all cases of a contract, if there is a seller and a buyer, the law says this is a valid contract, but in a corner contract, if there is a contract, then this is a valid contract.
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