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Business & farm
Morning Rick,
Thanks for the response. I tried to convince my Aunt to do a loan at current April 2022 AFR rates and just pay the taxes on the interest she made, she was trying to avoid me paying interest. I will be going to speak with a CPA next week to iron out the best possible option (which I'm understanding is probably the private loan route with no membership interest in the LLC). Operating in the state of Florida. Appreciate the follow up and time to form a response.
‎April 29, 2022
6:32 AM