Say your parents give you $15k towards your startup cost. Does that mean they get a stake in your company or you just pay them back with interest when your business takes off?

likehelpful
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Are you worried to give stock in your start up to parents? This can’t be true. I wish they should have calculated how much spent on you since birth and charge you now.

likefunny

It could mean either of those, depending on if it’s a loan or an investment. You would need to discuss the specific terms with them.

likehelpful

It is classic definition of debt vs equity. Both works. Equity has better upside but has higher risk.

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Agee on the above that a conversation with your parents is needed so you're on the same page as to what expectations are. Also smart to document it, to make sure there is no confusion 5-10 years down the road. Option 3 might also be that it is a 1 time gift, and no federal gift tax would be owed ($15k limit in 2021).

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Give them whichever will make them the most money. :-)

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That totally depends on their thought process behind the act. Did they give you that sum as an investor or as a Parent willing to help you kickstart so you can pay back later.

Are you asking this WRT taxation purposes or Relationship perspective?

If it's a gift, then 0%. If they didn't specify, then 0%.

If you get big, you better still go home for the holidays and invite them on your yacht. It's not always for monetary gain you silly goose.

Make it debt for simplicity’s sake, but take care of them when it takes off :)

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