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Hi mark Kohler here with a tax and legal tip That is so important that it could save you a lot of money and potentially getting in a huge lawsuit with a potential partner investor or lender thats right this is all about how to Classify the person youre going to be working with or persons that are providing money to you and your small business or real estate Project so listen up. This is a big deal now. This is also a big topic Ive got a good half hour or longer video in my video library And this is a whole chapter in my book the tax and legal playbook at the end of this video Ill give you a couple of references on where to study up more on this But I want to just give you again a cursory knowledge of the issue here And heres the biggest takeaway dont call anybody an investor when you go on say oh Im looking for an investor that That sends out a code word that could get you in a lot of trouble with the Securities and Exchange Commission SEC and that could be a federal issue or ev