Lending to my own LLC

[Christian Morsing]

Im new to real estate and thought about lending my newly started LLC $60k for a house.

I would then charge an interest on the loan and pay it back over some years.

Any concerns on this idea ?

[Will Fraser]

Hi @Christian Morsing, welcome to the BiggerPockets forums!

You'll want to be doubly sure that you don't

• Co-mingle funds between business and person. This would likely eliminate any protection that the LLC gives you if you found yourself in a legal spat.
• Give you benefit that is unlawful (mostly relevant in cases of self-directed IRAs and 401ks, but it's worth considering).

So long as you document things properly and make sure it is above board by speaking to a tax attorney and/or your CPA it could work out interestingly :)