How to reimburse a partner when their name is on the loan

[Jim Robertson]

I have two partners in the purchase of a duplex. One partner is getting the loan in their name and all of our names are on the deed. We are splitting the down payment 3 ways. If my portion of the the down payment came from LLC and is wired to my partner would this be considered income for him? He is curious if the money that is given to him could be considered income or taxable income?