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Old 07-06-2008, 02:21 AM
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Join Date: Jul 2008
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Lightbulb Can I lease my personal equipment to my C Corp?

I have some major computer equipment I own personally and I want to use it my newly formed C Corp. Would it be better if I leased the equipment to my C Corp on a yearly basis? And if so what kind of personal taxes am I responsible for on the leasing payments my company would pay me?

Could this strategy be used to do income shifting?

Is there a better way to handle this?



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