Loan out company?

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  • Loan out company?

    Hey guys - is an S Corp the same as a loan out company? I just opened one up as per my accountant'a suggestion and I'm trying to figure out if I should get paid through that company.

    Ironically shortly after opening the S Corp I spoke to another accountant who told me I should've opened up an LLC outside of California instead of an S Corp in California. Not sure if this is true or not? Am I dissolving the company already? #ishtar

  • #2
    Re: Loan out company?

    http://messageboard.donedealpro.com/...ad.php?t=83403

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