Updated over 3 years ago on .
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How to minimize tax liability through a loan?
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!