In terms of new UV light machine lease division which is pretty limited. 1 customer is in CT and 1 is in NJ. The rest of the several customers are located in NYC which I believe it's required to be ...
  1. Company leases the UV light machines to the hotels. Not a sale. Hotels (lessee) use the machine for their own rooms so in this case not providing a service to a ... Read more

My client owns an apartment complex, and recently did renovations with such renovations he was able to increase monthly rent on new tenants. He upgraded the whole complex including already rented apartments. Since he has leases that have not expired ...
  1. Hi, your client has a few issues that should be addressed separately. First, the renovations should be capitalized as they add to the basis (value) of the build ... Read more

I have a client who owns a small apartment complex. He wants to hire on a full time on campus landlord and wants to include an apartment in the salary. Does he need to withhold taxes from the new landlord's ...
  1. Hi, as a resident manager or landlord living in the apartment is a condition of employment. As a result, the rent amount that would normally be collected for su ... Read more

What’s the point/benefit of me forming a company to own my house and then me technically paying rent to my own company? A friend just did this at the advice of his CPA. What type of corporation would ...
  1. Many individuals may be wondering about the possibility of renting their own home to themselves through a business they create. With recent changes to the tax c ... Read more