USA New Small Business Question

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I went ahead and started a small business this year.

I have roughly $60K in fixed assets (furniture, equipment, etc.) and stock (inventory). Can I sell this to my new business? I would like the business to personally pay me for these fixed assets and stock. Is the business allowed to pay me $500 per month for 10 years to pay for these fixed assets and stock?

If not, then how do I have my business pay for these fixed assets and stock? I don’t want to just give it to my new business.

Thank you for any assistance.
 
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If you personally own the fixed assets and inventory and your business isn't a sole proprietorship then yes, you can have the business purchase the items from you.

You'll need to document the exchange and book a liability (short and long term) with imputed interest.
 

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