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Old Jun 16, 2007 | 7:36 am
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NickW
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Join Date: Feb 2003
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Originally Posted by Marq
Before looking at Mori properties, make sure that your Company or someone else will be acting as guarantor or, better yet, that your Company is actually the lessee.
That's a great bit of information.

I did a little more digging and it seems like the typical way this would work is that my company would be the lessee, would pay all the initials costs like key money, deposit and so on; and I would pay a 'legal rent' to my company (I think 5% of the actual).

I looked at that arrangement and my first thought was 'that makes life easier' immediately followed by 'what are the tax implications?' I'm pretty sure that if my company did that for me in the UK, I'd be on the hook for the market value of the rent at 40%.
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