What do I do to not pay taxes on a large loan repayment from family?
What do I do to not pay taxes on a large loan repayment from family? Just as the title states. Over the past number of years I'd been transferring money to my mother to help her out with her home with the expectation that when she has the money, sells or dies I'd get it back. Well that time is coming very soon, and I'm looking at getting repaid a bit over 100k, likely in a lump sum. What do I need to have ready ...