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Preheat oven to 325 degrees. Grease and flour a bundt pan. Set aside.
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In a medium size bowl, whisk together the flour, baking powder, and salt. Set aside.
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Stir the milk and 1/4 cup heavy cream together in a small bowl.
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In the large bowl of your mixer, cream together sugar and butter until light and fluffy; about 5 minutes.
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Add the eggs one at a time mixing well between each addition. Add vanilla extract.
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Turn mixer to low and alternate adding flour mixture and milk mixture in 3 additions; beginning and ending with flour mixture.
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Scoop 1/2 the batter into a separate bowl. With the mixer on low, slowly add 1 c. kahlua to the remaining 1/2 batter. Mix until well combined.
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Pour 1/2 of the kahlua batter into the prepared bundt pan. Spoon vanilla batter over the top, then finish with remaining 1/2 kahlua batter.
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Bake for 55-60 minutes at 325 degrees or until a toothpick comes out clean. Allow to cool for 15 minutes in the pan, then turn out onto a wire rack and top with glaze.