Quote:
Originally Posted by Reiwa
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Oh it's loans. I'd love to get a loan from a centagenarian.
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Not loans:
There's no legal limit on how much you can lend to family
as long as you have a written agreement and charge the minimum interest rate.
you cant just say "I said I'd pay him back" and it makes it a loan.
If you even do that, you have to pay taxes on
BOTH exchanges! If you do pay them back without the agreed upon interest!