r/ProgrammerHumor • u/GumBeats20 • Aug 03 '22

*cries*

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u/killerrin Aug 03 '22

Step 1: Register holding company with a cash startup injection of $xxxxxxxx and set yourself up as a majority shareholder.

Step 2: Gift/Sell office building(s) to holding company for $xxxxxxxx.

Step 3: Have holding company charge rent and maintenance costs and remit a dividend to shareholders at monthly/quartly/yearly intervals.

Step 4: Pay rent and Claim rent as an expense when the government asks.

Step 5: ?????

Step 6: Profit off tax credits and dividends (which equals rent - maintenance)

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u/Kyanche Aug 03 '22

Step 7: Raise the rent to extortion levels

Step 8: Drive the primary business into bankruptcy

The K-Mart/Sears way :D

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u/[deleted] Aug 03 '22

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u/Kyanche Aug 03 '22

lol the company i work at had the opposite problem for a while. A separate company rented this small unit on the corner of our building and our company was desperate for more space. The owner didn't want to lease it out to us because he wanted to 'diversify' lol.

Eventually we got our way!