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Updated almost 4 years ago on . Most recent reply

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6
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2
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Michael Amos
  • Investor
2
Votes |
6
Posts

How do taxes work if I receive money from a friend?

Michael Amos
  • Investor
Posted

How would taxes work if I receive money from a wealthy friend who isn't a "Private lender", but just someone willing to donate cash to help me with a fix and flip. What forms should be given from me to them, or them to me for tax purposes? 

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