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1.2K

Send 2 checks 1) Gift of $15k - tax free 2) Remainder of mortgage - they would have to claim it as a consulting fee on their W2s.

Might trigger audit?

Send 2 checks 1) Gift of $15k - tax free 2) Remainder of mortgage - they would have to claim it as a consulting fee on their W2s. Might trigger audit?

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[–] 1 pt

just slap them in the face.... no really

see they can sue you for personal injury, then you settle out of court. Personal injury settlements CANNOT be taxed. Some small court costs and it's done. Don't involve lawyers.