Hi Mark and Mat. This is Dr. Dave again, the retired dentist turned Mobile RV Tech. I’m still in my start-up phase, and to this point have poured roughly $25k into the business, mostly for training and tool. I’m going to need to purchase a service vehicle and build some parts inventory and also buy insurance prior to launch. If I wanted to put another $100k into the company, what makes the most sense in terms of accounting best practices as well as tax strategy - more “owner equity “ or an actual (self funded) “business loan”? Any advice would be appreciated.
Just answered your question on today’s show: 3/11. Will post in the next couple of days. Thank you so much for the question and following. Hopefully we can be of service in the future. Mark and Mat