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Old 01-06-2008, 11:33 PM
RScott RScott is offline
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Join Date: Jan 2008
Posts: 1
Assets and a LLC

Can I hold assets in my personal name, depreciate them on a schedule C in my personal name, and lease them to my LLC? Would that be advantageous?

To keep from showing a loss on the schedule C, I would have to lease them to my LLC for the same amount, or more, than the depreciation amount.

Any thoughts? Anyone else doing this?
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