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Personal Finance (Not Investing) • Personal Loan to LLC, reasonable idea?

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As I understand it, we will be able to claim the interest as a business expense, but also have to claim it as income on the personal side.
Interest expense incurred during the construction would need to be capitalized, not expensed.

Statistics: Posted by SubPar — Tue Jul 09, 2024 10:19 am — Replies 3 — Views 290



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