In each of the following situations explain (1) what doctrine might cause problems for the taxpayers planned strategy AND if the strategy would be effective. Your response may be to point out what concerns you have if the answer is not yes or no.

Christopher owns 100 acres in the woods. He is under contract to sell the 100-acre wood to a third party buyer. Before the sale closes, In each of the following situations explain (1) what doctrine might cause problems for the taxpayers planned strategy AND if the strategy would be effective. Your response may be to point out what concerns you have if the answer is not yes or no. Christopher plans to gift 10 acres to his friend Winnie so that Winnie will be taxed on 10% of the gain.