Quote:
Originally Posted by VladtheImpaler
That's something for our tax planners to determine. Is it a gift? Are you in effect selling your child, and is it a disposition triggering capital gains? I simply don't know.
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Hmmm... If it's a disposition, you should be able to take the money you've put into the kid over the years as your adjusted cost base, and then it'd likely be a capital loss.