Single Member LLC, Losses Deductible from Personal Income?
Answers:0 | LastUpdateAt:2012-09-20 00:49:02
Question- daysi
- Asked at 2012-09-20 00:49:02
I'm in the process of starting a small business that offers programs in math and science enrichment for children Middleschool . I will cover the initial costs of personal savings instead of applying for a small business loan . I can deduct losses ? LLC from my personal income ? Where instead of making a loan to the LLC and have to pay me later?
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