My daughter need to have a car for her new job. She does not want to have a loan. She wants to borrow money from us to buy the car then she return the money little by little to us.
How can we do this properly to avoid the bank transaction be viewed as gift? Say when we transfer money to her will be viewed as gift to her. Then when she transfer money to us will be viewed as gift to us. While if look at the whole picture , it is not gift at all, it just a borrow and return relationship.
