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Author Topic: Wanna buy a mansion?  (Read 541 times)

240 is Back

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Wanna buy a mansion?
« on: January 26, 2009, 11:28:17 AM »
Lehman CEO sold mansion for $100

Fuld sold $13 million seaside mansion to wife for one-hundred bucks.
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Hereford

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Re: Wanna buy a mansion?
« Reply #1 on: January 26, 2009, 11:51:26 AM »
can't do that. You still get taxed and appraised on the fair market value. Anything under FMV, and over 10K you pay gift tax on, qhich equates to inheritance taxes.
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gordiano

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Re: Wanna buy a mansion?
« Reply #2 on: January 26, 2009, 01:52:37 PM »
Quote from: 240 is Back on January 26, 2009, 11:28:17 AM
Lehman CEO sold mansion for $100

Fuld sold $13 million seaside mansion to wife for one-hundred bucks.

I'll take 3!
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HAHA, RON.....

bigdumbbell

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Re: Wanna buy a mansion?
« Reply #3 on: January 26, 2009, 02:30:44 PM »
no, just sold one i renovated
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24KT

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Re: Wanna buy a mansion?
« Reply #4 on: January 26, 2009, 04:32:11 PM »
Quote from: 240 is Back on January 26, 2009, 11:28:17 AM
Lehman CEO sold mansion for $100

Fuld sold $13 million seaside mansion to wife for one-hundred bucks.

Methinks someone is covering his ass ets in case of a law suit.  :-\
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