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Updated about 11 hours ago,

User Stats

17
Posts
3
Votes
Sanjai Dayal
  • Wilmington, NC
3
Votes |
17
Posts

Own commercial building, I use 2 of 7 offices for medical business- pay myself?

Sanjai Dayal
  • Wilmington, NC
Posted

The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is there a limit to how high I can go? Does it need to be market rent and comparable to the other offices with tenants?

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