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Updated over 7 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Indian Trail, North Carolina
  • Member since Mar 4, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Indian Trail, North Carolina
  • Member since Mar 4, 2017
Connect
Account Closed
  • Indian Trail, NC
5
Votes |
24
Posts
Personal Finance

Using personal savings to start business

Account Closed
  • Indian Trail, NC
Posted

Hello,

My husband an I started in real estate flipping houses this year, we already had a corporation from a previous business so we are currently a corporation. We used our personal savings to buy our first property and we have now just sold it. Our question to our BP friends is- in order to pay ourselves back for this money would it be better to treat it as investment or loan? Than you in advance for any input.

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