Anglis
Level 3
12-07-2019
07:32 AM
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I have a client that has invested $30,000 into a pharmaceutical company, and will be getting her initial investment back. After that, she will be receiving a 1099 interest statement monthly on a $ % she will be receiving as income for this investment.
Can she start a small business, designate herself as an S Corp investment company and hire a person to help her keep the accounting?
What would anyone recommend regarding this investment?
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