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Updated about 11 years ago,
C-Corp Loans
Hello....new to the forum of BP
I have a c-corp that is loaning money to a new LLC I set up to purchase rental properties in texas. My question is can I legally structure the note where the first payment isn't due for say 2-3 yrs to allow the LLC to build equity?
Can that note be interest free during that period? If I add the loan payment to the c-corp plus the commercial loan, taxes and insurance it does't leave room for much cash flow. First one, so I'm trying to structure it right...
Thanks