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Can a corporation claim rental income on taxes if not on title of home?
Wiki User
∙ 15y ago
If there is an appropriate relationship between the entity on the title and the corporation, I don't see why not. For example, if the name on the title is just a nominee or the corporation leases the property from the titled owner, etc.
You should be prepared with sufficient documentation to establish a legal right to the rent money. For example, a lease or binding legal agreement between the corporation and the legal owner spelling out the benefits and burdens of each. This is really the sort of thing that you should seek professional advice about rather than relying on some anonymous blowhard from the internet who thinks he/she knows everything about anything.
Wiki User
∙ 15y ago
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