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Personal Loan to Your Own Business - Tax Write Off?
Hi,
I've made a loan to my own personal business (LLC) and it's looking as though as while the business is running, it's not going to get into a state in the near future where it's going to be able to pay me back the capital that I put into. Can I write that off on my personal tax return as a business loan write off?
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March 18, 2025
4:07 PM