Hi there,
I am an employee of my significant other's LLC. I've been a W-2 employee for 6 years, making a good wage. Due to our growth rate, the business has not yet turned a profit and because of this she shows negative income on tax returns - even though she is also paid well through member draws. This makes buying a home difficult, and I'm curious if there are any negative repercussions to her paying me the equivalent of what both of us make - allowing me to be the sole purchaser of a home? I am aware this would put me in a higher income tax bracket. Note: We are not legally married.
