How to get personal money back that was put in to help start corporation?
I started my own corporation (a one-man Corp) a year ago and let’s say I have put in $1000 of personal money in the beginning to get it started. What would be the best way for me to get my personal money back from the corporation? Is it considered a liability or a shareholder loan? And how do I report it on my T2 short form if profit is nil or a loss after I pay myself back? Thanks ahead of time for any help.