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Updated over 4 years ago,

User Stats

45
Posts
37
Votes
Mike O.
  • twin cities
37
Votes |
45
Posts

buying a cabin as investment property

Mike O.
  • twin cities
Posted

I have 3 rental townhouses in my LLC. I am looking at buying a cabin with my neighbor that I would rent out using VRBO when its not being used. How do things work when you buy something with someone else? separate mortgages? Can I write off my payment under my LLC if I get the load through my LLC? Any advice is appreciated

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