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re: Lending Club Strategies

Posted on 4/29/15 at 5:04 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
19750 posts
Posted on 4/29/15 at 5:04 pm to
At that point you'd be managing 2,000 loans.
Would it be a tax nightmare?
Posted by Teddy Ruxpin
Member since Oct 2006
39748 posts
Posted on 4/29/15 at 5:08 pm to
quote:

At that point you'd be managing 2,000 loans.
Would it be a tax nightmare?


My understanding is that Lendingclub simplified the tax form they sent to you because of this very issue so its no longer a problem, but maybe others will chime in.
This post was edited on 4/29/15 at 5:09 pm
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