I want to lend my daughter 50k

andyfleming | 17:22 Fri 06th Jan 2006 | Business & Finance

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I have 50k, and I would like to lend it to my daughter to pay off her mortgage. 1: Is there any reason why I cannot transfer this money to her. 2: As she pays this back to me in installments will I get taxed on this as income?

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I want to lend my daughter 50k

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