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| Tax Issues Personal and business taxes. Federal, state and local income taxes, sales taxes, etc. |
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Dec 20th, 2007, 06:30 AM
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#1 |
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income tax
I want to get a home equity loan from my friend of 150,000.00 for
consolidation of other debt (car, creditcards, student loans...) and to remodel my house. What are the legal forms we need and will I have to pay taxes on the loan and how much? Jarrod |
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Dec 23rd, 2007, 02:15 PM
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#2 |
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Re: income tax
Hi--we normally do not give tax advice on this site; you may check with the IRS directly; or your accountant; or the H & R Block web site for 20 dollars: HR Block Tax Advisor link --
http://www.hrblock.com/taxes/product...p?productId=44 |
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Dec 24th, 2007, 10:48 AM
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#3 |
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Top Level Member
Last Online:
Jul 11th, 2008 12:49 PM Join Date: Mar 2007
Posts: 694
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Re: income tax
Hi--we normally do not give tax advice on this site; you may check with the IRS directly; or your accountant; or the H & R Block web site for 20 dollars: HR Block Tax Advisor link --
http://www.hrblock.com/taxes/product...p?productId=44 |
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