Re:Show HN: Pay Rent to Yourself and Deduct it Twice like Wa...
by hugh3 on Tuesday August 02, 2011 @09:33PM
(#2839450)
I'm pretty sure individuals are unlikely to be able to get away with the same thing. :(
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Re:Show HN: Pay Rent to Yourself and Deduct it Twice like Wa...
by sixtofour on Tuesday August 02, 2011 @09:56PM
(#2839521)
Really rich individuals probably can.
Re:Show HN: Pay Rent to Yourself and Deduct it Twice like Wa...
by camz on Tuesday August 02, 2011 @10:36PM
(#2839609)
Technically, anyone could get away with it. But, it's the value proposition that really makes it unrealistic lol.
You'd have to be at a point where you're trying to scale your business for this type of tax planning to really kick butt.