Lola purchased a personal vacation home (cottage) through her corporation. She uses the cottage to enjoy her
Fantastic news! We've Found the answer you've been seeking!
Question:
Lola purchased a personal vacation home (cottage) through her corporation. She uses the cottage to enjoy her vacations with friends and family. The corporation funded the purchase and pays for all expenses to maintain the property. Do you see any tax concern(s)? If yes, what concern(s) and why?
Related Book For
South Western Federal Taxation 2017 Comprehensive
ISBN: 9781305874169
40th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young
Posted Date: