Safe, Simple & Efficient
We specialize in offering the speed, control, and versatility of the internet which allows borrowers and lenders to connect in a revolutionary way.
Apply For a Loan


Loan Amount:
Or call 1-877-RATE-1ST
Home Loans
  • Refinance & get cash back
  • Interest only options
  • Lock in low ratesl
Commercial
  • $300,000 and up
  • Up to 80% LTV
  • Quick decision
Hard Money
  • Rates as low as 9%
  • Up to 65% LTV
  • Super Fast turn-around
Capital
  • Venture capital
  • Private capital
  • Angel capital

Home : Apartment Loan : Small Unit Apartment Loan : MSN Newsfeeds : Down payment gift taken from IRA may be taxable - Elkhart Truth

Down payment gift taken from IRA may be taxable - Elkhart Truth

This article related to: Small Unit Apartment Loan

Close Tags

Dear Benny: In January I lent my daughter $20,000 so she could use it as a down payment on her condominium unit. She gave me a promissory note. I took the money out of my retirement account (I am retired). My tax person said this will be added to my ...
Read the Full Article

AddThis Social Bookmark Button