ThomasM125
Employee Tax Expert

Investors & landlords

Typically a reasonable salary is what someone else would get paid to do what you are doing. Since you are an owner of a real estate venture, your income would likely consist of rental income, which is not treated as wage income. It would be reported on line 2 on your S Corporation Schedule K-1 as Net rental real estate income (loss) and be reported on Schedule E on your personal tax return. 

 

 

 

 

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