A revenue share loan is a loan and as a result, requires you to provide investors with an IRS 1099 form each year with the amount of their interest income (a similar form that a bank may provide you if you earn interest on your checking or savings account). You will also be able to deduct the interest expense on your income statement. If you want to learn more, email us at email@example.com and we can send you more information. With all of this said, Localstake does not provide tax advice and we encourage you to talk with your tax advisors about how revenue share loans are taxed.
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