Hi all,
Loving Stessa. We were a private lender last year to a friend who is a builder. He’s paid off the loan, but how should we categorize the money out, the payments back, and the money/interest we made off of the loan? Any input is welcome.
@greg1 Thanks for your question. Stessa is built to be flexible enough to handle different income and expense situations, but we do not provide specific tax advice and note investing / lending is not officially supported. You’ll want to check with your CPA for more information about how to handle this scenario.