Can you sell service to yourself?

[Anthony R.]

Recently my landscaper went under due to the loss of business from the virus. This has led me to just buying all the equipment to do all the landscaping myself. Now obviously, I can write off the equipment but not my efforts.

In short, if I form a new landscaping company, can I sell my services to my rental company and is it worth it? Is there tax savings anywhere in there?

[Eamonn McElroy]

The juice isn't worth the squeeze.  You'd be converting income not subject to SE tax to income subject to SE tax, and adding complexity, administrative overhead, and increased professional fees.

It's almost certainly a net negative.

Apply the K.I.S.S. principal.