BarbellsAndBitcoin on Nostr: I am about to execute a Bitcoin treasury strategy. Step 1. Create C-corp as holding ...
I am about to execute a Bitcoin treasury strategy.
Step 1. Create C-corp as holding company.
Step 2. Loan C-corp Bitcoin. No tax liability for loan.
Step 3. C-corp creates LLC and funds LLC with Bitcoin loan.
Step 4. Sell personal resident to LLC for BTC. Yes capital gains on residence will be owed, but no real estate agents or commissions will be involved so a lot of savings..
Step 5. Employ myself into the corporation as property manager. Job perk is reduced rent.. but forget that it's negligible in the grand scheme.. paying higher rent is actually a plus here as the money goes into the business and grows tax deferred like an IRA, but with no yearly limits...
Step 6: lease agreement to rent the house is setup at fair market value. Very important to not cheat. Perfect records. Keep it legal and above water.
Step 7. Rent flows from pass through LLC back to parent company and BTC is purchaed for corporate treasury by C-corp.
Treasury is held at C-corp level to shield Bitcoin from legal disputes. Each property is in its own LLC wrapper to ensure legal disput3d with on property do not effect other properties.
Step 8: secure BELOC...a business Helloc. Favorable loan terms of 10-15 years .
Step 9: increase Bitcoin treasury, but do not use a loan that would require more than half the incoming rent.
I now have no assets to my name and the ability to grow the business tax free by reinvesting the profits...my mortgage payment is now rent funding the business.
Everything related to the house is deductible. Included with rent...internet, utilities, etc. All repairs etc come from the business and are deductible from income...
Then in a few years leverage the real-estate or Bitcoin to buy another property...
Gains of Bitcoin. With reduced volatility and cash flow of real estate in a tax efficient vehicle...
Step 1. Create C-corp as holding company.
Step 2. Loan C-corp Bitcoin. No tax liability for loan.
Step 3. C-corp creates LLC and funds LLC with Bitcoin loan.
Step 4. Sell personal resident to LLC for BTC. Yes capital gains on residence will be owed, but no real estate agents or commissions will be involved so a lot of savings..
Step 5. Employ myself into the corporation as property manager. Job perk is reduced rent.. but forget that it's negligible in the grand scheme.. paying higher rent is actually a plus here as the money goes into the business and grows tax deferred like an IRA, but with no yearly limits...
Step 6: lease agreement to rent the house is setup at fair market value. Very important to not cheat. Perfect records. Keep it legal and above water.
Step 7. Rent flows from pass through LLC back to parent company and BTC is purchaed for corporate treasury by C-corp.
Treasury is held at C-corp level to shield Bitcoin from legal disputes. Each property is in its own LLC wrapper to ensure legal disput3d with on property do not effect other properties.
Step 8: secure BELOC...a business Helloc. Favorable loan terms of 10-15 years .
Step 9: increase Bitcoin treasury, but do not use a loan that would require more than half the incoming rent.
I now have no assets to my name and the ability to grow the business tax free by reinvesting the profits...my mortgage payment is now rent funding the business.
Everything related to the house is deductible. Included with rent...internet, utilities, etc. All repairs etc come from the business and are deductible from income...
Then in a few years leverage the real-estate or Bitcoin to buy another property...
Gains of Bitcoin. With reduced volatility and cash flow of real estate in a tax efficient vehicle...