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Updated about 4 years ago,

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3
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2
Votes
Kurt Johnson
  • New to Real Estate
  • Bristol, CT
2
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3
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Can I buy and rent to myself?

Kurt Johnson
  • New to Real Estate
  • Bristol, CT
Posted

I'm rather new to real estate investing, and I'm planning on getting my first property and house hacking it along with having roommates (Tri-plex, rent out other two sections, and have friends move in with me by renting out my rooms in my section). I didn't know how this would work on the tax side of things. I will be using an LLC but didn't know if things would get tricky since I would be living there too. I know there are more tax advantages when it is an investment property but I was wondering if I couldn't use it as such since it will be my primary residency. Any information would be helpful! Thanks

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