In the event that a keen LLC is not able to pay-off financing off a great associate, the associate can be claim a bad financial obligation deduction

In the event that a keen LLC is not able to pay-off financing off a great associate, the associate can be claim a bad financial obligation deduction Except if the newest user is in the team of fabricating loans, the deduction is generally a nonbusiness bad loans expenses (Sec. 166). However, sometimes, lovers had been… Continue reading In the event that a keen LLC is not able to pay-off financing off a great associate, the associate can be claim a bad financial obligation deduction