Well, as I mentioned before, I'm buying rental property under the name of my LLC (California). I used cash for the purchases, but the initial investment I made in the company was not enough to cover all my needs (I decided to purchase different properties than initially planned, so the initial budget was not enough).
I want to infuse additional money into the company, but instead of owner's capital - I want it to be a loan repaid to me.
I know that for a corporation I would have tax benefits in this case because I would be getting money back from a corporation which could be expensed and reduce the tax liability.
But in the case of LLC - is there any benefit in doing so? Or maybe it will actually harm me?