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Message
re: S-Corp Question
Posted on 3/20/13 at 5:00 am to Poodlebrain
Posted on 3/20/13 at 5:00 am to Poodlebrain
quote:
More information is necessary to determine how to minimize the tax consequences of $3,000-$4,000 of rental revenue per month to the shareholders
What info do you need? I'm all ears Poodlebrain
1
Posted on 3/20/13 at 7:28 am to Interception
quote:Income and losses from rental real estate activities has all sorts of special rules. How those rules apply depends on several factors that go beyond the scope of a message board discussion. You need to sit down with a tax professional and review your prior years tax returns and current year information (both the S corporation and your individual) to determine the best approach to minimizing the tax consequences of revenue from rental real estate activities.
What info do you need? I'm all ears Poodlebrain
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