AgentInvesting

Pay off second loan or invest cash elsewhere?

Mom needs to weigh gift tax, mortgage interest benefits
Published on Dec 3, 2007

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by CareyBot

DEAR BENNY: I am considering paying off the second loan for my daughter on her house. Are there any tax consequences for either of us? –Anita DEAR ANITA: Currently, under federal law, you have the right to gift your daughter ...

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