Are you leasing assets to a corporation you own can? Sometimes this can provide a tax break.
According to the Tax Court, the net rental income can offset other passive losses. That is if the corporation uses the property in its own rental activity.
In the court case, a business owner rented towers to his cellular phone firm, and the company leased space on the towers to other firms. That lets the owner treat the income from the profitable tower rentals as passive income, which he can utilize against passive losses. The net income from leases of land to the company are treated as nonpassive income.
Dirico, 139 TC No. 16