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Bendetta, a high - tax - rate taxpayer, owns several rental properties and would like to shift some income to her daughter, Jenine. Bendetta instructs
Bendetta, a hightaxrate taxpayer, owns several rental properties and would like to shift some income to her daughter, Jenine. Bendetta instructs her tenants to send their rent checks to Jenine so Jenine can report the rental income.
Will this shift the income from Bendetta to Jenine? Why or why not?
Identify at least two alternate ways that Bendetta could shift some of the rental income to Jenine? What are the disadvantages associated with these incomeshifting strategies?
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