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REAL ESTATE LAND DEVELOPEMENT LLC (I HAVE 99% OF CAPITAL AND PROFIT/LOSS ALLOCATIONS), HAS BANK DEVELOPEMENT LOAN INTEREST EXPENSE WHICH CPA SAYS LLC MUST CAPTIALIZE. IN 2000, LLC WILL RECEIVE INVOLUNTARY CONVERSION (STATE HWY DEPT)LONG TERM GAIN INCOME (DEFERRED 3 YRS) WHICH CAN PAYOFF BANK LOAN. INSTEAD, WHAT IF I TAKE THIS INCOME AS RETURN OF CAPITL. THEN, MAKE PERSONAL LOAN WITH BANK TO PAYOFF LLC LOAN. CAN I THEN OFFSET PERSONAL BANK INTEREST EXPENSE AGAINST PASSIVE ORDINARY INCOME I RECEIVE FROM UNRELATED INVESTMENTS?

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