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2. The $10,000 Tax Rule For Loaning Money to Family and Friends

   www.aol.com/10-000-tax-rule-loaning-175514888.html

   Loaning friends and family money is a hotly-debated topic, but one thing that is always a given -- the threshold after which the IRS gets involved. See: Pros and Cons of Living in a State With No...

3. Is a Family Loan Taxable Income? - AOL

   www.aol.com/family-loan-taxable-income-140055330...

   Lending someone, say, $20 has no practical tax consequences. ... Most family members loan money to each other with an ad hoc repayment scheme, then ask for that money back depending on the ...

4. Lending Money to Family: Questions to Ask Before ... - AOL

   www.aol.com/lending-money-family-questions-ask...

   It is difficult and often demoralizing to ask family for financial help — and asking for or lending money can often lead to strained relationships and damaged finances. On the relationship side ...

5. Loan agreement - Wikipedia

   en.wikipedia.org/wiki/Loan_agreement

   Forms of loan agreements vary tremendously from industry to industry, country to country, but characteristically a professionally drafted commercial loan agreement will incorporate the following terms: Parties to contracts with their addresses; Definitions or interpretation provisions; Facility and purpose [a] Conditions precedent to utilization

6. Unsecured guarantor loan - Wikipedia

   en.wikipedia.org/wiki/Unsecured_guarantor_loan

   The guarantor is often a family member or trusted friend who has a better credit history than the person taking out the loan and the arrangement is, therefore, viewed as less risky by the lender. A guarantor loan can, consequently, enable someone to borrow either more money, or the same amount at a lower rate of interest , than they would ...

7. Loan-out corporation - Wikipedia

   en.wikipedia.org/wiki/Loan-out_corporation

   An effective use of the corporation status over that of an individual employment contract, may minimise the corporation's taxable income to near zero, even in the case of a C corporation. The key benefits of creating a loan-out corporation business entity are expense deductions, asset protection and tax deferral.