S corp funding a LLC question


#1

Hello,

I have an S corp that I am doing mobile home “Lonnie Deals” in, and have generated enough cash profit to make the switch to developing land/home deals. I want to use the profits from the S corp business to develop the land I have, but I don’t know the tax and accounting implications. Would the money be a loan, or a capital investment? Or would it be a distribution?

Any thoughts?

Thanks!