Related party transactions have to be done at FMV. Can’t charge whatever you want or there are huge penalties. No one should get tax advise from people on instagram.
@andrejpdx♥ 12024-03-15
@bodhisabol
@malynaloba2024-04-01
Is there a company that will handle to post or manage Augusta role?
@henry.nib2024-04-01
It doesn't need to be this complicated. But I do agree that the Augusta Rule is overlooked frequently
@rmstew_0072024-03-31
Does this only work for a property you own? What about your main residence but you rent it?
@blaqss872024-03-31
Dropping 💎’s
@danadicesare2024-03-11
Most accountants will tell you it can trigger an IRS audit. Not worth it.
@planetgreentoegenetics2024-03-06
@ktran143 @michiessss
@sean_mcgrover_2024-03-06
What happens to your homestead exemption? This suggestion would negatively impact the current exemption on all primary homes in Florida?
@jonathanmhahn2024-03-06
Why the fuck would I rent out my own place?
@bridgettbardo2024-03-04
Can you be renting your primary residence and still use this? I would assume yes because you can still write off your home office.
@equipmenttreenv2024-03-04
👏
Content ideas (0)
No ideas generated yet. Run /instagram-sync ideate from Claude Code to create some.
Comments (12)
Related party transactions have to be done at FMV. Can’t charge whatever you want or there are huge penalties. No one should get tax advise from people on instagram.
@bodhisabol
Is there a company that will handle to post or manage Augusta role?
It doesn't need to be this complicated. But I do agree that the Augusta Rule is overlooked frequently
Does this only work for a property you own? What about your main residence but you rent it?
Dropping 💎’s
Most accountants will tell you it can trigger an IRS audit. Not worth it.
@ktran143 @michiessss
What happens to your homestead exemption? This suggestion would negatively impact the current exemption on all primary homes in Florida?
Why the fuck would I rent out my own place?
Can you be renting your primary residence and still use this? I would assume yes because you can still write off your home office.
👏