Hendrix
Returning Member

Get your taxes done using TurboTax

As long as I don't have to pay extra tax as a borrower, I am fine. Thank you.

 

Imputed Interest on Below Market Loans | Individual Income Tax | Episode 20 - YouTube

It is mentioned at around 10:00. I've seen a couple different videos mentioning the same thing.

 

I might have seen that the difference between my 1% and AFR is considered as income for the borrower? Maybe I am totally mistaken.