Wed 25 Nov, 2020 11:07 am - I'm glad you asked! Perhaps my information is incorrect. My understanding is that if you own 20% or more of a company, you need to sign a personal guarantee that says they can come after... (view)
Wed 25 Nov, 2020 10:07 am - Assumption: I have an LLC with sole ownership and I take out a home equity loan to invest in the business.
Does the LLC write a check to pay off the home equity loan directly? Is that a draw?... (view)