sb101020
Returning Member

Investors & landlords

I've done a bit more research and found that issuing a monthly distribution instead of classifying the payment as rent seems to be much cleaner and has the same net tax impact. This omits the hassle of dealing with 1099's and also the complicated nature of the passive/ non-passive rules of the "self-rental" 

 

Please share any additional insight you might have or if you think I'm missing anything. Thanks for the help!