@TahoeJeff wrote:
Hi Robert - what type of support for the loan failure would be required? Do you need to somehow add an explanation and some accounting for the loss? What would you expect to do for such a failed loan? Mine was through a crowdfunded raise so I do have access to some info and explanations from them. Thanks
You'll need to provide more information about your situation. A loan to the company you work for that is not owned by you would be treated very differently than money you "loan" to your own unincorporated sole proprietorship or single member LLC.
