Article Date:
November 2008


Word Count:
439

 

 

Rent Home Office to Corporation


My lawyers told me that I would save taxes by renting office space in my home to my corporation for its use as the corporation’s principal office where I actually do my work. The lawyers charged me over $500 to prepare a lease agreement between me and my corporation. Now, my CPA tells me that I may not deduct any home expenses against this lease income. Who is right: my lawyers or my CPA? (B.R.P., Franklin, ... Log in to view full article.

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