Should I start my own Handyman company?

[Eric P.]

Not sure if this is the right forum, but it's related to my BRRRR strategy. I recently bought two fixer uppers, and have been doing ALL of the renovations myself. Sure I can write off all my expenses, but not my labor. Pretty ridiculous that the government considers my time free. Anyhow, if I start a handyman company, for the sole purpose of working on my own properties only, my brief conversation with my tax guy said I could then bill myself, from my handyman company, for the labor. Then when I pay my handyman company (myself), I can then write off the labor. This sounds extremely beneficial. Anyone else do this? Pros and cons? Your experiences?