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Report Investment Money
Ask Bernard Madoff that question or get yourself a Lawyer.
You'd report it on your financial statements and tax returns. So if it was a loan, it would be on the balance sheet as a liability. If it was an investor, it would show up as owner's equity.
The only way that it would be considered income would be if you defaulted on a loan and the lender forgave the debt....in cases like that the funds would be considered income and you'd be expected to pay taxes on it.
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I was wondering if I'm looking for private investors to put their money into a start-up business project that I'm doing, do I have to report this investment money to the government? Even if the money is from friends and family? Would it be consider income or a loan?