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I have a 2006 Scion tC. I am going to give it as a gift to my brother. Is it best to sell it to him for $1 to avoid
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01-27-2011, 02:45 AM
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A True Z Fanatic
Join Date: Feb 2010
Location: NorCal
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Drives: 2013 Nissan GTR
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Giving car as a gift
I have a 2006 Scion tC. I am going to give it as a gift to my brother. Is it best to sell it to him for $1 to avoid taxes and counting it as income? Or just signing over the DMV gift form?
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