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Business By The Numbers

Self Rental Tips & Tricks [E041]

24 Nov 2022

Description

Self Rental Tips & Tricks. This week, Hunt talks about how to make sure you are limiting your liability and maximizing the benefits of renting real estate from yourself. • Why is it important to separate your real estate from your operating company?• How should you setup the entities for your operating entity and your real estate entity?• What is fair market rent and how do I figure this number out for my shop?• Which entity should pay for certain expenses and what are the benefits of doing it this way?The Show is sponsored by:Shop-Ware on the web at getshopware.comNAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.comHunt Demarest, CPAPaar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online : www.paarmelis.comEmail Hunt: [email protected] a copy of my Book : Download Here

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