Hello @TristanK
Thank you for joining us today in the Live event! We are so happy you are here~
I would love to answer your questions, but I will need a little more information.
When you say charge my tenant for rent, are you leasing a residential home or commercial? Either way, the IRS recommends that you charge Fair Market value in that area, or The amount of rent you charge your tenants should be a percentage of your home’s market value. Typically, the rents that landlords charge fall between 0.8% and 1.1% of the home’s value. For example, for a home valued at $250,000, a landlord could charge between $2,000 and $2,750 each month.
For the second half of the question, what to charge my clients so I pay the least in taxes?, can you please elaborate on that? What type of business, is it services or products, etc.
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