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All Topics / Value Adding / Purchase on behalf of business
Hi all,
Has anyone out there purchased a residential house and rented it back to their own business?
I am probably going to purchase this in my wifes name and charge myself slightly above market rent to get it close as I can to neutral if not positive.
Just wondering from people who have done this to buy property what to look out for etc etc. I’m in NSW
cheers[cap]
Speak to your accountant.
I rent rooms out to the business.
The wife and kids have to live somewhere so I have been advised to rent out a few rooms etc and it all is above board.
Byronent
Adelaide SA
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