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Self Rental Tips & Tricks [E041]
Business By The Numbers · Hunt Demarest
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Show Notes
Self Rental Tips & Tricks. This week, Hunt talks about how to make sure you are limiting your liability and maximizing the benefits of renting real estate from yourself.
• Why is it important to separate your real estate from your operating company?
• How should you setup the entities for your operating entity and your real estate entity?
• What is fair market rent and how do I figure this number out for my shop?
• Which entity should pay for certain expenses and what are the benefits of doing it this way?
The Show is sponsored by:
Shop-Ware on the web at getshopware.com
NAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.com
Hunt Demarest, CPA
Paar Melis and Associates – Accountants Specializing in Automotive Repair
Visit us Online : www.paarmelis.com
Email Hunt: [email protected]
Get a copy of my Book : Download Here