All Forum Posts by: AJ Witt

I have taken a cash-out loan on my personal residence to fund an LLC in which I am buying real estate.
From an accounting standpoint, what's the best way to structure this? Can I consider this cash infusion into the LLC a loan from me, thus making the repayment of the loan a "business expense", thus a taxable write-off?

Any advice or ideas would be appreciated.

Thanks!
AJ

Are we still meeting tonight? I can make it others will be able to.

This works for me. Putting it on my calendar now.

Feb 19th works for me...anytime in the evening.

I leave March 22nd for 10 days, so, preferrably before that.

Maybe we can do one in Feb for those that can make it, then another in March? Just throwing ideas out there.

Did you guys ever meet again? Or more importantly, planning on meeting again anytime soon?

I just joined the site and am new to REI and would love to meet some fellow investors and swap ideas and strategies.

Thanks everyone for the warm welcome and initial advice!

Hello all, I stumbled across this site earlier today and liked what I saw. Preparing to buy my first 2 investment properties in the coming weeks / months. Looking forward to getting some valuable information from this site.