The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: private loan - details, details...||Date: 8/3/2004 11:27 PM|
|Author: Foolferlove||Number: 72732 of 121435|
President, 1st Bank of Lorenzo
I'd like to take a loan out at the first bank of Lorenzo too. 4 percent sounds real good to me! Where should I send the application?
Actually, I do have a real question...Can I loan money to a family member and charge zero interest with an indefinite repayment period? Or is this kind of loan somehow a no-no since it can be used to get around gift taxes?
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