Is There A Tax Advantage?

[David Klem]

I have a question. With all the knowledge that I've been acquiring in all areas of real estate investment, I've been trying to change the way I think. I think that idea of changing the way you think came from reading the book Rich Dad Poor Dad. I haven't bought my first investment property just yet and I haven't added a tax man to my team just yet but I have owned my first home for almost 2 years now.

If I were to start a business entity depending on which direction I choose to go in real estate investment and then signed my personal home over to that business entity, now paying rent to that business entity that would now own the home, would my new entity benefit financially with tax breaks that I wouldn't have otherwise gotten?