Subject: Re: One of the many reasons why Joe
Many of you might not know what's required to enter into a valid loan agreement.'' The IRS mandates that any loan between family members be made with a signed written agreement, a fixed repayment schedule, and a minimum interest rate. (The IRS publishes Applicable Federal Rates (AFRs) monthly.)'' Have all the Biden's provided the documentation yet?

If it's under 10k, they don't care. If it's over 10k they look to see if it was actually a loan. What makes it look like a loan? If it gets paid back. All money represented as loans by any Biden got paid back, and not after attention was drawn to it. Therefore, it looks like a loan. If it's an extended loan they might infer interest. But the real question is, is it a disguised gift? If it gets paid back, move on.