Legal Question in Real Estate Law in Indiana

Considering there are no tax issues to give someone money under $13,000 in a year, is it ok to collect rent or interest payments from a family member who is living in a property I own? I'm talking about less than $4000 a year and don't want to have to claim it as income.


Asked on 2/11/15, 5:44 pm

1 Answer from Attorneys
Jay Rigdon Rockhill Pinnick LLP

The answer is no.

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Answered on 2/12/15, 6:42 am


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