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Updated about 4 years ago,

User Stats

51
Posts
2
Votes
Ashish G.
  • Investor
  • San Bruno, CA
2
Votes |
51
Posts

Tax saving by living in an LLC owned home

Ashish G.
  • Investor
  • San Bruno, CA
Posted

Hi,

With the 2017 Tax changes, the ability for homeowners to deduct property tax and mortgage interest is severely limited. Is it possible to just buy the house in a LLC and deduct those expenses while still living in the house full time?

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