Quote:
Originally Posted by ArsewithClass
Are you saying that you can get your own company to purchase the house & then as a paid employee, manager, director, producer, etc etc. The home can be rented from the business?
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some people do it.. i guess they just purchase the house as an investment for the business.. i mean corps can buy properties, etc..
then the corp rents it out to him for of course a low rate..
then any rent he pays is considered income to the corp.. but of course its tough to even show a profit because the corp is down $500k on the house they bought, but only collected like $10k in rent for the year.