Due to some changes in finance while investing in Dogecoin, I am looking to help my parents out and pay off the last chunk off their mortgage.
I believe that it is $150,000 left.
I live in Australia and so do they and the more I read into it the less I seem to know. I was wondering what the tax implications might be if I did this? And what details I would need to do it for them without them knowing that I have done it?
Any advice or helpful links would be great. Or if anyone has done this before I would love to know how you went ahead and did it.
Submitted January 28, 2021 at 07:17PM by clitmitten https://ift.tt/3t9caJB