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Sub S Loans to Owner

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j...@piasystems.com

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Aug 31, 2004, 9:50:31 PM8/31/04
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What kinds of restrictions are there on a Sub S making a loan to one
of its owners

Paul

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Sep 1, 2004, 7:17:44 AM9/1/04
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<j...@piasystems.com> wrote

> What kinds of restrictions are there
> on a Sub S making a loan to one
> of its owners


None really.

Document the loan, and be sure to repay it. Charge a reasonable interest
rate, and have the other terms comparable to available terms.

--
Paul A. Thomas, CPA
taxman at negia.net


snug....@gmail.com

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Sep 6, 2012, 5:06:16 AM9/6/12
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At snug-loans.com, consumer is given an option for rollover and long repayment time. You can make payments for short term loans easily in this duration.
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