I've done a bit more research and found that issuing a monthly distribution instead of classifying the payment as rent seems to be much cleaner and has the same...
Thank you, this was very informative. I still need some clarification and I will provide more insight as well:The "rental" is just a room located next to my gar...
I'm curious about this as well and having trouble finding guidance - I have a multi member LLC (husband and wife owned) and the business maintains a shop on my ...