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Grandmother is offering me owner financing to buy her house at 0% interest, would this affect her with imputed taxes?
Grandmother is offering me owner financing to buy her house at 0% interest, would this affect her with imputed taxes? I'm trying to figure out the best way to go about this where I get a good price, and she just collects payments without tax implications. Is the only way to do this through having the rate equal to AFR or does this being family fall into a family loan situation and end up around gift taxes? TIA
submitted by /u/Questionasker10229 ...
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