Question
Personally invested monies
When A TP Purchased a C-Corp, he invested into the company his own monies through the years. Now that he is thinking of selling the C-Corp, he wants to get his personal invested money back out of the company that is not a part of the sale. How do I handle this transaction? Technically, through the years he "loaned" his personal money to the C-Corp, now he is thinking of selling the C-Corp someday down the road, so he wants to get his money back. Can this be done?
