Scoured the internet, and this was the only post I could find on the subject.
Other than legality, has anyone ran the numbers and if this makes any sense? I am a GC and president of my own S-Corp with employees, who are currently working on my own personally owned house, getting paid on payroll....I wish I could just not pay my own company and my company could record as a loss (for sure illegal), but paying my own company...now I write off what I paid as its a rental property...then my s corp pays tax on the income....seems like possibly a wash....hmmm
