Q: What was the first bargain sale in North America?
A: Manhattan Island.
5 minute read
Conrad Teitell
The donor allocates the property's cost basis between the gift element and the sale element, based on the fair market value of each part.
August 24, 2018 at 02:16 PM
1 minute read
Q: What was the first bargain sale in North America?
A: Manhattan Island.
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