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Updated over 2 years ago on . Most recent reply

Jacob Vanden-Berg's profile image
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Jacob Vanden-Berg
  • Member since Aug 26, 2021
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Jacob Vanden-Berg's profile image
Jacob Vanden-Berg's profile image
Jacob Vanden-Berg
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Jacob Vanden-Berg
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Starting Out

Generating llc income

Jacob Vanden-Berg
Posted

My wife and I own our home and rent out a back room/unit. We want the income to be reflected as income for our LLC instead. What I've found says I'd have to sell our house to the llc but could I rent the space to our llc and the llc "sublet' the space instead? And would that be beneficial?

Asheville, North Carolina
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