Posts tagged Start Business
How does a secured loan work?
Aug 17th
I’m looking to start up a business, and borrowing money from my dad. He has the liquid, would a secured loan be good or a business loan?
10k loan, he has the funds I just need it for 6 months or less. It will be paid in full then.Submited by:The Tycoon
How does one start a savings and loan business?
Aug 4th
DayinthePark asked:
With all the mismanagement of lending, and now with the government rushing in to prop up those lending institutions suffering from their own poor choices, I want in on this business! How can I start a Savings and Loan in California?
Is a loss from a personal loan the same tax category as a loss from stock investments?
Jul 10th
I loaned a friend some money several years ago to help start a business, and the business failed and I was not repaid for the loan. I also, the same year, had losses from other investments (in the stock market). My understanding is that I can only deduct $3000 in investment losses for that year. Is the personal loan in the same category as the other investments — in other words, does it count as part of the $3000 limit? Or is there a way I can claim that loss separately? Thanks!
By: Jan R
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By: Jan R
About the Author: