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Sounds very shady to me......plus your cost base on paper would be much lower than it should be, and then if the value goes up and you sell for $400k, but your cost base is only $75k then you will pay a capital gains tax on $275 yikes!
Mind you I wouldn't think it would matter how the funds are actually paid, whether cheque or cash, the sale price as per the lawyers docs should all be full price.........
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