1. Should taxpayers generally use property that have unrealized gains or property that have unrealized losses as gifts?
2. How might gifts of property be used in family tax planning?
3. If the donor anticipates that the donee will sell the property upon receipt, how should the donor gift the donee if the property has unrealized gains vs unrealized losses?
4. Should taxpayers generally distribute appreciated property as inheritance or property that would result in losses?
5. Is it better to transfer appreciated property as an inheritance or as a gift?
6. Are there any circumstances under which a taxpayer would elect not to use Section 121 exclusions on the sale of a home?
7. If a taxpayer owns multiple homes, is there anything they can do to get the Section 121 exclusion on all the homes?