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LLC - unchained bitcoin loan and tax help

Bitcoin Reddit

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I need some help understanding something. I want to use unchained commercial loans to collateralize my bitcoin for my personal use through my multi member LLC (me and my fiancรฉ) . is there anything wrong with taking the capital and paying for whatever I want without paying myself through owner draw, or will I have to just take the owner draw and pay taxes, my business brings in 0 income, it was just a LLC I made for a trucking company I was gonna start but instead invested in bitcoin.

submitted by /u/Diamond_Brains
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