None of those points naturally will make sure the fresh new Irs will thought such a transaction a loan, and you will given the complexity and you may nuance here, you really need to consult with experienced courtroom and tax advisers so you can construction one loan in a way made to reflect new created income tax procedures
In the event that a keen intra-loved ones financing is best for you as well as your relatives, higher worry must be brought to make sure that it is used in such a way in a fashion that the Internal revenue service takes into account it good genuine mortgage and not a gift in disguise. (more…)