Remarkable Results Radio Podcast
The Handbook for Self-Rentals: Fair Market and Taxes [E149] - Business By The Numbers
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:22:57
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Sinopsis
Thanks to our partners, NAPA TRACS and PromotiveIn this episode of Business by the Numbers, Hunt dives into the critical topic of self-rentals for shop owners. Whether you’re already renting your property to your business or just considering it, Hunt explains why paying yourself rent the right way protects your assets, ensures compliance, and preserves your business’s value.Learn why legal protection through a rental LLC is non-negotiable.Discover how to calculate fair market rent and why it matters.Avoid common pitfalls that could devalue your business when it’s time to sell.The role of rental LLCs in protecting personal and business assets.How to set up leases and bank accounts for compliance.Why undervaluing your rent can cost you during business sales.Tax implications of self-rentals (spoiler: it’s not about saving money).How to determine fair market rent for your property.Thanks to our partners, NAPA TRACS and PromotiveDid you know that NAPA TRACS has onsite training plus six days a week support?It all s