Creating a note and gifting money

[Terry Royce]

My girlfriend and I who will be getting married late next year just found a house and she wants to rehab it to live in. I was planning on "gifting" her money, but after I reach the IRS max I was thinking of drawing up a loan note.

And giving her a loan at 1% interest and then forgiving the loan. How would I structure this so that it wouldn't report on her credit and I wouldn't be doing anything illegal.

Thanks
-Terry