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335 Posts
Congrats on selling your business.
Personally, I would pay down the debt. As Rickson9 said, you can always borrow against the asset if need to be. This would make it tax deductible.
Whatever you decide to do, just make sure the tax owing on the sale of business is accounted for.
Personally, I would pay down the debt. As Rickson9 said, you can always borrow against the asset if need to be. This would make it tax deductible.
Whatever you decide to do, just make sure the tax owing on the sale of business is accounted for.
