# Can an S-Corp Corporation purchase a residential property for personal and employee use?

**URL:** <https://discussion.mainstreetbusinesspodcast.com/t/can-an-s-corp-corporation-purchase-a-residential-property-for-personal-and-employee-use/426>\
**Category:** Tax Strategies\
**Created:** [March 13, 2024, 2:54pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/can-an-s-corp-corporation-purchase-a-residential-property-for-personal-and-employee-use/426 "2024-03-13T14:54:18Z")\
**Posts on this page:** 3\
**Page:** 1

<div class="post-metadata">

**Author:** ![bodyshopdiva](https://avatars.discourse-cdn.com/v4/letter/b/e0b2c6/32.png) [@bodyshopdiva](https://discussion.mainstreetbusinesspodcast.com/u/bodyshopdiva)\
**Post date:** [March 13, 2024, 2:54pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/can-an-s-corp-corporation-purchase-a-residential-property-for-personal-and-employee-use/426/1 "2024-03-13T14:54:18Z")

</div>

I want to have a home away from home for myself and my employees. We do an employee retreat at minimum once a year and I would also like to offer the home as a benefit for a limited number of weeks per year per employee. I would also being using this as my home office space while I was there. However, my business (insurance agency) has nothing to do with real estate or rentals.

---

<div class="post-metadata">

**Author:** ![system](https://us1.discourse-cdn.com/flex046/uploads/msbpod_openforum/original/1X/42f4af5f452c22dd6feece9c5b47d6a5185fa706.png) [@system](https://discussion.mainstreetbusinesspodcast.com/u/system)\
**Post date:** [March 27, 2024, 6:37pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/can-an-s-corp-corporation-purchase-a-residential-property-for-personal-and-employee-use/426/2 "2024-03-27T18:37:00Z")

</div>

Thanks for asking. We answered on today’s show recorded 3/27/24. It should be up in a couple of days. Please share with your friends and family.

---

<div class="post-metadata">

**Author:** ![system](https://us1.discourse-cdn.com/flex046/uploads/msbpod_openforum/original/1X/42f4af5f452c22dd6feece9c5b47d6a5185fa706.png) [@system](https://discussion.mainstreetbusinesspodcast.com/u/system)\
**Post date:** [March 27, 2024, 6:37pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/can-an-s-corp-corporation-purchase-a-residential-property-for-personal-and-employee-use/426/3 "2024-03-27T18:37:50Z")

</div>

Thank you so much for submitting this question. We answered it on today’s show, recorded 3/27/24. Please check it out there and please share with your friends, family and associates if you can. Thanks again!! Mark and Mat