Thinking about making some extra cash by turning your home into a rental property?
Well, I know just the right buyer for your property … your S corporation!
That’s right. When your S corporation operates as the landlord, you’ll come out with more money in your pocket.
What’s more, it’s easy to do as you’ll learn when you read my new article titled Tax Tips: Shedding Doubts about Selling Your Home to Your S Corporation!
Three ways our fact-filled article can help you:
- We’ll explain the two great benefits of selling your home to your S corporation. First, you can avoid taxes of up to $250,000 ($500,000 if you’re married) by using the home-sale profit exclusion. Second, you’ll get a higher depreciation basis that increases your rental-property depreciation. All will be explained when you read the full article.
- We’ll provide a detailed example of a transaction that will make everything crystal clear. Don’t take my word for how much money you can save by selling to your S corporation. We’ll plug in some real numbers that will show you why this strategy is a winner. It’s all there for you in black and white when you read the full article.
- We’ll deal with your doubts about putting our money-saving strategy to work. Some readers of our previous report on this topic voiced skepticism about our advice. (We always enjoy hearing from our subscribers!) We’ll take their doubts on squarely and address them when you read the full article.