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craigster59 craigster59 is online now
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Join Date: Aug 2004
Location: Gilbert, Az
Posts: 22,013
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Thanks for the replies. It's a non S corp partnership LLC, so I think a promissary note is probably in order and a quick payment schedule. I really need to be more diligent in my personal/business transactions so commingling doesn't come into play again. It seemed to be an easy cashflow resolution at the time, even though in the back of my mind I knew I should be talking with an accountant. Thanks again.
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"Prayer isn't a parachute. It's a compass. It doesn't save you from the storm. It guides you through it." - Bear Grylls
Old 03-28-2008, 10:23 AM
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