My parents are taking out a home equity loan to lend me money to start a business, does anyone get taxed?

Felt B. asked: I’m looking to open a shop and my parents offered to lend me some money to help out. They are taking out a home equity loan to lend me about $35,000 to $55,000. I agreed to pay them back. Because they are taking out a loan do they have [...]

How does doing a cashout refi or home equity loan affect AMT risk?

P-Dawg asked: We will be remodeling/adding on to our home and want to do a cashout on the first mortgage (of around $60,000) and then do a 2nd (Equity loan) for the rest…does doing this put us at greater risk for having to pay AMT taxes and if so, in what way (which lines in [...]

Should I get a home equity loan to pay off back taxes?

devin066 asked: I need to pay off about $30,000 in back taxes. Is it better to take out a home equity loan, cash in stock, or borrow or liquidate a 401K?