Posts Tagged ‘ loan ’

Lending Money to Family – Don’t Forget About “Imputed Income”

IRS Commissioner Douglas Shulman Addresses The AICPA Annual Conference

Let’s say you want to lend a significant amount of money to your child, another family member or even a friend.  To further help, you decide that you want to make the loan without interest (or at a below-market rate).  Bully for you – you should be commended for your support and assistance to your…

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Building Your Estate: 2 Essential Debt Reduction Concepts

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First in an occasional series about foundational financial planning strategies. I have been fortunate enough to receive some nice feedback on this post about ways to spend an extra $1,000.  In the following weeks, I will take an individual look at each of the 12 foundational strategies listed as ways of building your “estate” more…

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