Question : purchased house as individ & own co w/c pays for mortge, can co use this as tax shelter?
- asked by jj
All Answers:
Answer #1
As far as what goes?
- answered by PepsiLime
Answer #2
I'm not sure what your question is. Pleaserestate it in plain English.It appears that yourcompany is paying your mortgage. If so, that istaxable income to you and is deductible by thecompany as part of your compensation.
- answered by bostonianinmo
Answer #3
Your question is not very clear. If we give youan answer we would just be guessing as to what itis that you want to know. Try again with moredetail.
- answered by Mathew
Answer #4
Boston has a good explanation and I feel he"guessed" accurately what you are really asking.
- answered by CPA/PFS
Answer #5
Please restate your question.
- answered by Othniel
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