It’s a fact …
Renting equipment to your corporation is a tricky business.
To keep the IRS happy, you have to know the ins and outs of Section 179 expensing.
Handle things the right way and you could save a bundle. Make a mistake and you could be inviting an audit.
But don’t worry. We’ll explain the intricacies of the law in easy-to-understand language when you read my new article titled Tax Tips: Rent Equipment to Your Corporation; Qualify for Section 179 Expensing.
Three ways our fact-filled article can help you:
- You’ll learn who can claim Section 179 expensing on equipment. Thinking about claiming a Section 179 deduction when you buy property that you plan on renting out? Stop! You may be in violation of the law as you’ll discover when you read the full article.
- We’ll tell you how to successfully qualify for the Section 179 deduction. To qualify, and come out smelling like a rose, you have to meet three strict criteria. But be careful. They’re not all that easy to meet. We’ll give you all the details when you read the full article.
- We’ll suggest another way to go. Frankly, we’re not big fans of using the rental arrangement to achieve Section 179 expensing. That’s why we’ll provide you with three perfectly legal alternatives you should consider. All will be explained when you read the full article.