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can i rent my own property to my business

1Answers
GraceFitz
11/28/2025, 07:39:55 AM

You can rent your personal property to your business, but it must be done correctly to avoid tax problems. The IRS reviews these arrangements closely, so the rent must reflect fair market value. You also need a formal lease agreement and proper documentation. This setup can help with asset protection and tax planning when handled properly.

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