Lend via LLC?

[Elizabeth Watmough]

To create an additional income stream, I have decided to privately lend (gap funds under $50k for my first) amongst other members of the REI flip method coaching program to which I belong.

I have already formed an LLC for my eco flip to sell / rent business.

My question to those more experienced is: should I lend as myself or should I have the LLC lend? The money I'll be lending is personal savings and not tied to an SD IRA or solo 401k. I do imagine if I lend it as the LLC, the loan amount and interest return would be considered a capital contribution...

Thank you in advance for your time and advice!

[Elizabeth Watmough]

Thank you for your feedback.

After leaving W-2 employment last fall for health reasons, my sole sources of income will be from investments and my small business. The original plan was to pursue S-Corp for tax election but I have not filed for the election change. 

I do need to reconnect with a tax advisor and attorney, preferably local or familiar with MA state specifics. 

I appreciate you taking the time to respond; best wishes.