Nunn CO | Robert in CenMo - 7/28/2025 19:57
Legally u can't do no interest loan. Go to website and look up medium or long term irs interest rate. That's what you need to pay to be ok with gov.
This^^^^
Dad and I ran into this problem. CPA said thats a great way to get audited but the IRS.
The IRS publishes rates monthly that show how far below market value you can lend money to family and friends without penalty. |
Land contract
