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Updated about 4 years ago,

User Stats

135
Posts
131
Votes
Kyle Scholnick
  • Boca Raton, FL
131
Votes |
135
Posts

Pay Yourself Rent? The Battle of Schedule C vs E

Kyle Scholnick
  • Boca Raton, FL
Posted

Are there any rules and regulations from IRS on paying yourself rent if you own an office building and your unrelated business uses that location? By doing that, it would put passive income on schedule E as opposed to schedule C which would decrease self employment tax right? 

Any reason not to do it? 

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