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Updated over 6 years ago,
Appropriate entity/structure for money Lending
Looking to get advice on what the appropriate entity would be for a private money lending opportunity. I have a friend looking to invest 50-100k in a flip project. No equity. 10% ROI with a 14 month term.
His intent is to have seperation from personal finances/accounts etc. We discussed LLCs, S Corp, but I don’t know well enough to give him accurate advice.