Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
Can I buy and rent to myself?
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