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Updated over 2 years ago on . Most recent reply presented by

User Stats

41
Posts
9
Votes
Izaiah Barba
  • Rental Property Investor
  • Portsmouth NH
9
Votes |
41
Posts

How to minimize tax liability through a loan?

Izaiah Barba
  • Rental Property Investor
  • Portsmouth NH
Posted

Hey BP! I recently just sold my first investment property that I purchased about 2 years ago. I made a good profit on the sale and I was going to do a 1031 exchange but I am in a situation where I have to help out a family member by giving them a loan. Any suggestions on how to structure the loan to prevent taxes on the profit? 

Looking forward to hearing from you all, thank you!

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