Incorporated this year as a C-corp. The company have a net lost during the first year of operation.
The company did not paid any salary to the two officers and during the tax year Officer 1 received interest (110% AFR rate- around 1.5%) for loan that was put up to buy properties, while officer 2 received rent of 4k for using his home for office.
It is fine to not pay any salary? Turbo tax has shown a audit alert.
Edit: For clarification.
