372: Renting a Building to Your Business- The Self-Rental Rules
Main Street Business
00:00
The Self Rennal Rule
When you own over 50 % of common ownership in both structures, that's when the self rental kicks in. The gain turns into ordinary income and pops over to the other side. Now it's not subject to self employment tax. But im, i have to show that i i'm tracking that gain as ordinary, non passive come. And i'm stuck from writing off other passive losses against it.
Transcript
Play full episode
