Is this legal if the selling price is drastically undervalued????? I’ll be that place is worth at least $10 million on the open market if Madonna’s place sold for so much ten years ago......
ooops, I guess Madonna’s place was merely listed, not sold..... still, inquiring minds would like to know if Pinch slithered out of any large tax obligations by ‘selling’ his place to his wife for a drastically understated price.