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Updated over 8 years ago,

User Stats

9
Posts
3
Votes
Mark Pappas
  • Finance
  • Milwaukee, WI
3
Votes |
9
Posts

LLC in a house hack

Mark Pappas
  • Finance
  • Milwaukee, WI
Posted

My business partner and I are trying to figure out the best way to structure our first deal. I am looking for a duplex that I can live in while renting the other half. If we were to buy under an LLC, is it legal for me to live in it as well? Or would it be better to get a residential loan and transfer ownership to the LLC at a later date?

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