Arizona Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply

Buying a property for mixed use
I am looking at purchasing a property that is zoned for residential and commercial, its a perfect spot to open a gift shop. My mother will be living there and running the store, and I would be the Landlord and partner to the business. I am trying to figure out the best pay to assemble this deal so we are maximizing our tax benefits. Should I just be the landlord and open the gift shop in her name? Or should I put both in my name and pay her a salary as an employee?
I picked a doozy for my first rental property!