Viewing a single comment thread. View all comments

HurryPrudent6709 OP t1_j2a6phw wrote

Reply to comment by avalpert in Bookkeeping question by HurryPrudent6709

Let’s say it was the sale of a home , 20k was paid to a contractor by A. Homes sells for 100k

1

avalpert t1_j2a86eo wrote

It would still come down to the nature of the arrangement between A and B - is the $20k a straight contribution of capital to the enterprise that is expected to be repaid, is it a form of purchasing their 50% share in the profits (with B doing so through other means), etc.

1