Maybe you already know that renting to your corporation can produce substantial tax advantages. But did you know that even if you fail to collect the corporate rent, tax benefits can be heading your way?
That’s right. And you’ll get the details when you read our new article titled Tax Tips on Equipment Leases to C Corporation. Don’t miss it!
Three ways our fact-filled article can help you:
- You’ll learn about the landmark “Misko” case. Don’t miss the story of Mr. Misko who took the IRS to court and won! What can you learn from this important case? You’ll find out when you read the full article.
- We’ll explain why the IRS lost on the “hobby” issue. The court rejected the IRS assertion that Mr. Misko’s leasing activity was a hobby. They gave six reasons why Misko was involved in a business and not a hobby. We’ll spell them out for you when you read the full article.
- We’ll explain the passive-loss exception. You’ll find out why paying rent would have actually hurt Misko’s case when you read the full article.