Personal or Corp loans to Real Estate LLC
Hello,
Seeking opinions/insight into "loaning" from one of my corporations to another from a tax perspective:
Quick Background:
I have a C-corp for software development business. I have an LLC for my real estate business which consists of one duplex and one four-plex.
Once or twice a year, I loan money from the C-corp to LLC and I'm wondering if this is a good idea from tax avoidance perspective? In other words, I'm trying to lower my taxable income in the C-corp while injecting the LLC with cash for improvement projects.
Let me be clear on something though- I pay taxes, but I am always trying to legally lower my tax payments. I'm sure there are plenty of other people on this board who understand.
Thoughts? Alternative ideas to consider?
Thanks in advance,
Todd