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So, asking for a friend here...but let's say one is a member of a partnership or LLC. Can that partnership or LLC pay its partners or shareholders in stock of some XYZ company? That way, they too can employ the rules of the very wealthy and just hold that stock for a year to avoid excessive income tax.

[QUOTE="Allen, post: 421835, member: 389"] So, asking for a friend here...but let's say one is a member of a partnership or LLC. Can that partnership or LLC pay its partners or shareholders in stock of some XYZ company? That way, they too can employ the rules of the very wealthy and just hold that stock for a year to avoid excessive income tax. [/QUOTE]

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