From: "Jeffrey E." <[email protected]> To: Subject: Re: Housing Idea Date: Tue, 04 Oct 2016 22:23:23 +0000 10 am On Tue, Oct 4, 2016 at 6:15 PM, wrote: just reading it wow!Thanks for forwarding it to me! I can also benefited from this conversation learning about rental bonds;) is he thinking of moving to NY??? when is he coming to the house?:) On Tue, Oct 4, 2016 at 11:47 AM, jeffrey E. <[email protected]> wrote: Forwarded messa e ---- From: Jeremy Rubin Date: Tue, Oct 4, 2016 at 10:55 AM Subject: Re: Housing Idea To: "jeffrey E." <[email protected]> Hey are you in town? I'm here till thurs eve. On Fri, Sep 30, 2016 at 6:01 AM, jeffrey E. <[email protected]> wrote: first issue is step transaction. . collapse of all the middle . second corporate tax. ? third new rental tax. . it would be considered an exchange of a bond for rent. same as any other exchange. . ill be in new york next week if you are around On Fri, Sep 30, 2016 at 7:30 AM, Jeremy Rubin c wrote: Hey, So inspired by my inability to find a good apt in NYC, I have an inkling of an idea and wanted to shoot it by you. It's something I think I'd like to try, but also could be interesting from a building a company to automate it perspective. The problem that I'm having is that temporary housing is very expensive and time consuming to find in NYC. On the contrary, long term housing has a worse tax consequence as you can't deduct it as a business expense in the same way when you're self employed. My idea is to form a corporation, invest your rent money into the corporation in the form of a bond that pays out based on the rent utilization (valued at the base rent), then have the corporation rent the apartment. You are then free to short term sublease the apartment to either yourself or to other people (eg, through airbnb). Now, when you sublease it to yourself, you can pay at the market rate. Your rent into the sublease is considered a biz expense, and you can ded