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Borrowing money

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Money Talk > Taxes

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jrobles26
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Cash: $ 0.25

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Borrowing money  Reply with quote  

Hello everyone I would apreciate all responses.
I am looking to buy a work truck. I want to borrow $20,000 from my father. I am going to pay him $500 a month. That's going to be a business expense on my taxes. What would it be on his taxes?
Post Wed Jul 19, 2006 5:34 pm
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