August 8, 2007 at 4:18 pm
#745068
Member
Can you really do that?
@Welli 134272 wrote:
2. Let the company loan you money. Lets say that the company has earned 100.000$ within the last year, then create a loan document from the company to you saying “MisterDH is loaning 100.000$ from us, and will pay it back with $0.01 each year – the first 30 years will be exempt from repayment”
Then you can have the money for yourself, and when the 30 years has gone buy you pay back $0.01 each year – ore better, make the first 90 years exempt from repayment.