Re:Ex-Netflix VP found guilty of awarding tech contracts in ...
by lotsofpulp on Wednesday May 05, 2021 @10:57AM
(#27050678)
Why would it be illegal to pay yourself more than market rate?
In the US, you typically want different entities owning the real estate versus the ones operating the business for liability and tax purposes. The IRS treats owners' basis differently based on whether the income is due to passive (real estate rental) or non passive activity (operations).
In the US, you typically want different entities owning the real estate versus the ones operating the business for liability and tax purposes. The IRS treats owners' basis differently based on whether the income is due to passive (real estate rental) or non passive activity (operations).