HUGE Tax Break For Self Rental Tax Strategy - By Tax Advisor Boris Musheyev, CPA
1,438
Published 2023-09-06
š Unlock the Vault of HUGE Tax Break For Self-Rental Tax Strategies!
Are you a business owner who also owns the building where your business operates? Discover the untapped goldmine of self-rental tax strategy that can save you thousands! š
This unique approach of Self- Rental Tax Strategy allows business owners who also own the building in which their business operates to rent the business space to themselves, thus enjoying lucrative tax benefits. Whether your business is structured as an S-corp or any other entity, this strategy can bring forth a windfall of deductions and write-offs you won't want to miss.
šÆ What You Will Learn:
- What is Self-Rental and How It Works
- How to Strategically Utilize Depreciation to Minimize Tax Liability
- Navigating Rental Income, Deductions, and Write-offs
- The Relationship Between S-Corp Entities and Self-Rental Strategy
- Real-life Case Studies and Examples
š Download FREE PDF: 7 Write Offs Every S-Corporation Business Owner MUST Know bit.ly/download7TaxWriteOffs
āļø Schedule your FREE Tax Advisory Session - www.TaxPlanningCall.com/
ā”ļøIf you make $10 Million or more in your business; Schedule your call here: āļø bit.ly/over10million
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My Personal Recommended Tax Strategy Playlists:
S-Corporation Tax Strategies Ā Ā Ā ā¢Ā 3Ā SĀ CorporationĀ TaxĀ StrategiesĀ ExplainedĀ Ā
LLC Tax Strategies
Ā Ā Ā ā¢Ā WhenĀ isĀ theĀ BestĀ TimeĀ ToĀ SwitchĀ FromĀ ...Ā Ā
Real Estate Investing Tax Strategies
Ā Ā Ā ā¢Ā RealĀ EstateĀ InvestingĀ -Ā 3Ā KeyĀ ThingsĀ ...Ā Ā
*Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individualās legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your own attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your clientās specific situation. The information and all accompanying material are for your use and convenience
All Comments (9)
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This is the BEST video that I made about how you can MASSIVELY save money on taxes by renting to yourself. Be sure to watch until the end. Also, here are some resources for you to use as well Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know bit.ly/download7TaxWriteOffs Schedule your FREE Tax Advisory Session - www.taxplanningcall.com/ Also, I put together some recommended videos. I strongly recommend every business owner to watch this. Just watching these alone will help you save money on taxes, RIGHT AWAY. And please, do yourself a favor, get a Tax Advisor! Business Owner Pays Tax On S-Corpporation Distribution - https://youtu.be/TwvBjCWeelw Watch this video to learn how to NOT pay taxes on your distributions from S-Corporation. Pass-Through Entity Taxation - https://youtu.be/4mZ72rGRw2s I urge every business owner to know about this TAX. These taxes will ACTUALLY help you pay less in taxes. Home Office Tax Deduction - https://youtu.be/imdrzX8fooY In this VIDEO, I break down how the IRS allows you to use your home office EVEN if you already have another work location.
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GREAT CONTENT! THANKS
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There is a lot he forgot to talk about here. Like I do all of these things but there is never a loss from the RE entity. In fact with the recent increase in RE values we are paying lower than new fair market rents. However, we do not want to increase rents because of QBI not being able to be taken by the RE entity. I wish he would have talked about that.
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Awesome video ! Thank you!
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Excellent video presentation in a simplified format, thank you!
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Thanks very much for your educational videos, very Useful
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Effective strategy presentation.
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That means that if I have an LLC and buy a property I can rent it to myself and the payments have to go out of the SMLLC to another LLC that I own, is that correct?
