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Updated over 13 years ago,
Is there any benefits to paying your spouse a salary under your own LLC?
I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's say $2k a month, she'll pay taxes on that which means it's my money which I've already been taxed on so in essence I'm getting taxed twice. Or is this all a write off so her being taxed breaks even? Or can she sign up for a 401k and put 100% of it in there?
Suggestions and thoughts?