Let's say my parents have $80K.
Can they transfer 80K to me for a few weeks. I hold onto it and then transfer it back to them a few weeks later?
It will be sitting in an interest free account so no capital gains or any of that.
Can they transfer 80K to me for a few weeks. I hold onto it and then transfer it back to them a few weeks later?
It will be sitting in an interest free account so no capital gains or any of that.