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How to Protect Your Turo Car Rental Business | Tax Tuesday #153

If I invest in a Turo car-sharing business, should I put the vehicle inside the business (cleanest) or own it individually and let the business use it every weekend? 7:23 Join the next Tax Tuesday LIVE bi-weekly at 👉 Toby Mathis, Esq. answers these questions along with Jeff Webb, CPA and more during this episode of Tax Tuesday, a bi-weekly FREE LIVE webinar event. *~ Claim Your FREE 45 minute Investment Strategy Session to receive business planning tips and a clear investment strategy. 👉 0:00 - Intro 7:23 - If I invest in a Turo car-sharing business, should I put the vehicle inside the business (cleanest?) or own it individually and let the business use it every weekend? If the business owns it, am I restricted from using the vehicle for personal use, or might it be covered by the 14-day rule? 18:40 - If we purchase our shared housing properties by obtaining the financing personally and then putting them each into their own for-profit LLC's,...