Investment into business?

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Investment into business?

I have invested a lot of personal money into my business. How should the money be declared so when the time is right to pull that out, there would be no legal issues.

2006-09-04 16:45:47 · 3 answers · asked by sanjay g 1 in Business & Finance ➔ Investing

3 answers

always do so by check and keep books and accounts on bussiness and personal totally seperate. That is the only safe way. Incorporation may be needed too but that is state dependent.

2006-09-04 16:48:57 · answer #1 · answered by admiralgill 4 · 0⤊ 0⤋

If you are in the USA,you may have a problem.We did the same thing and the only way is to show you loaned the money to the business.www.irs.com

2006-09-04 23:48:54 · answer #2 · answered by Anonymous · 0⤊ 0⤋

read tips on investing business and more on this site

2006-09-05 01:12:49 · answer #3 · answered by Anonymous · 0⤊ 0⤋