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Updated about 5 years ago,
Lending to my own business for flip
Hi, I am sure that this has come up before but couldn't find the exact answer I was looking for, so here goes.
My business partner and I are buying a flip (in our LLC's name) and I am providing the funds for the down payment. When the flip is completed, we will pay back the lender as well as myself. Is there anything specific that I need to consider to make sure I am not going to run into any tax issues when the business pays me back?
Thanks