Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 01-24-2019, 07:31 PM
Junior Member
 
Join Date: Jan 2019
Posts: 2
which is a better way to move/setup a company from a tax planning perspective

loan part:
so we have a finished rental (2 units) that needs some rear exterior work in one llc1 and another property that needs a full renovation in another llc2. no debt. we want to bring on a partner in the first llc1 to help finance the rear exterior work & full reno. work . Can llc1 pay its % of the loan from llc1 acct since loan is for work on rental & collateralized by rental - operating cost/repair? or total loan payment still considered a disbursement - full loan payment from llc would be viewed as payments to the guarantor partner...?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Setup IRA's a few year ago and didn't file rmk9785e IRA/Sep 6 08-09-2016 12:56 PM
Sell primary home in CA then move to Florida tonyn123 Capital Gains 3 05-16-2015 11:51 PM
1031 Exchange - to move in or not to move in? Jules For 2014 5 05-14-2015 08:16 PM
Tax efficient setup for partnership ABCD Income 1 10-14-2013 05:18 AM
Tax efficient setup for partnership ABCD Income 0 10-13-2013 01:02 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.