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Walt B Philip
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Self owned management company - taxes

Walt B Philip
Posted Dec 29 2020, 08:29

I’m in process of learning how rental properties tax deductions work.  One item I see is properly management.


If I manage my own property, can I form a LLC as a property manager with myself as the employee? In essence I'd be paying myself to do the maintenance I'd otherwise do for free...then claim it as a tax deduction.. Does that fly?

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