Loan to Family at a Loss – The Burns Firm – Advisors of Complex Financial Matters

Deduct a Loss From Making a Personal Loan to a Relative or Friend

April 3rd, 2025|Categories: Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Loans, Tax, tax accountant, tax accountant near me, Tax Advisor, tax write-offs, Texas CPA, The Burns Firm|Tags: cpa near me, Dallas CPA, Loan to Family at a Loss, Loans to Friends at a Loss, Personal Loan to Family, tax, tax advisor, Texas CPA, The Burns Firm|

Suppose your adult child or friend needs to borrow money. Maybe it’s to buy a first home or address a cash flow problem. You may want to help by [...]