Investor · Minneapolis, MN · Member since 2011 · 84 posts · 31 votes
My husband is starting a small handy-man business and we are also looking at LTR's near us. Can our rental hire and pay my husbands company to do repairs on the home, or is that a not allowed?
Property Manager · Zanesville, OH · Member since 2018 · 37 posts · 27 votes
5y
It is allowed but you should talk to an accountant as to the tax implications. Doing so may cause you to pay double taxation on the money earned, however it could bolster his businesses income if you are trying to use that to get bank financing.