Article Date:
December 2019

Word Count:



Buy the Building. Rent It to Your Business. Avoid Passive Losses.



My clients are a husband and wife team. They operate their business as an S corporation. For many years now, the S corporation has rented a building from a third party.


About two months ago, my clients formed a separate LLC and had the LLC purchase the building, and now the S corporation pays rent to the LLC.


My question concerns the LLC. It’s going to show a tax loss due to the building’s depreciation. My clients will not have enough hours ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
with a money-back guarantee