
#413 Open Forum | Your Questions Our Answers
Main Street Business
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Is Your LLC Owning Two LLCs?
Last night, we were talked about the self rental strategy and how it looks on a tax return. This is what's called a self rental strategy. Don't pay someone else to rent your building that you rent from yourself. You would not violate ERISA by excluding your parents because they had the choice to play in the solo and didn't.
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