Money into S-Corp - Posted by LonnieWA

Posted by chet on January 23, 2005 at 15:27:42:

check out the IRS rules for lending a corp in which you’re a majority own cash.

As I recall there are some gotchas.

Money into S-Corp - Posted by LonnieWA

Posted by LonnieWA on January 22, 2005 at 20:47:18:

What is the best way to put money into a s-corp

  1. Buy stock
  2. Loan corporation money-demand not
  3. Or call it a sholdholder investment on the books

Number 3 would be the easiest but is it legal and would it be considered comingling funds?

Thanks,

LonnieWA