Renting Office Space from LO

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This topic has 1 reply, 2 voices, and was last updated 9 years, 6 months ago by rcooper.

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April 28, 2016 at 4:38 pm EDT #9138

Kristin
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Would renting office space from an LO violate LO Comp rules if all rent paid is fair market rent and we can provide support for what is paid?
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April 29, 2016 at 1:32 pm EDT #9140

rcooper
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As long as you can show what you are paying is fair market value – what you would expect to pay to anyone else for the rental of a similar property – I don’t see it as a conflict.
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