Self Rental Tips & Tricks [E041]

Self Rental Tips & Tricks. This week, Hunt talks about how to make sure you are limiting your liability and maximizing the benefits of renting real estate from yourself.

• Why is it important to separate your real estate from your operating company?

• How should you setup the entities for your operating entity and your real estate entity?

• What is fair market rent and how do I figure this number out for my shop?

• Which entity should pay for certain expenses and what are the benefits of doing it this way?

The Show is sponsored by:

Shop-Ware on the web at getshopware.com

NAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.com

Hunt Demarest, CPA

Paar Melis and Associates – Accountants Specializing in Automotive Repair

Visit us Online : www.paarmelis.com

Email Hunt: podcast@paarmelis.com

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