Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply

LLC Usages for Live in Flip
Hi everyone. I have an LLC in NY, originally created for wholesaling houses. I am looking to buy a NY rehab property and do a live-in-flip for a year (renovate the property over the course of the year while I'm living there and then sell). How can I utilize my current LLC for that purpose? I won't be buying the property cash (will likely be FHA or conventional loan). Could the LLC be used for property management aspects (hiring contractors etc.)? Any advice and insight would be greatly appreciated. Thank you