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Article Date:
May 2007


Word Count:
185

 

 

New Entity to Manage Properties


I am thinking of establishing a separate entity for my 11 rental houses. Currently, the houses show up in my tax return on Schedule E. I am thinking of putting the houses in a corporation and then using a proprietorship to do the management, and charging a fee to the rentals, of course. What do you think? (M.M., )

 

Bad idea! Your plan is going to increase your taxes. On the net proprietorship income for the management ... Log in to view full article.

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