knoc90236
New Member

Investors & landlords

Does anybody have a response to that last message? Here it is again:

 

Ok, let me explain my situation. He and I started a company 2 years ago as a real estate brokerage, C-Corp. We decided that the company wasn't working out for him. So, in order for him to leave, he wanted me to reimburse him all of his costs in the business, including his legal cost, plus what he estimated would be his tax costs of those payments. Now he wants some sort of a tax document for those payments. By the way, which I had to take out a loan to pay him. He has been paid in full. So do I owe him any tax documents and if so what documents?