Personal legal expenses through business

searcher profile

August 26, 2023

by a searcher in Illinois, USA

My partner is working with defense attorney and like to use business card to pay for the legal expenses ( count towards SDE).
Im curious will this will haunt us when we try to exit ? Even though it is SDE, potential buyer would want to know more about it .. and might also reflect badly on seller qualitatively . I have gotten nervous every time I saw legal expenses on P&L .. had all kind of apprehensions , a few times I just backed out.

so wondering if this is normal ? what is best way to deal with this ?

Thanks in advance

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