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  3. you have just received an inheritance of $350,000.

You have just received an inheritance of $350,000. You are considering paying a down payment...

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Accounting

You have just received an inheritance of $350,000. You are considering paying a down payment up to of 350,000 on a townhouse, and also you would like to invest $100,000 in the equity / bond market as an investment. You have a very good credit rating and no outstanding debts.

Given the facts mentioned, How can you minimize your tax liability ?

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