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39
Posts
3
Votes
Michael Andrews
  • Eau Claire, WI
3
Votes |
39
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Can income flow through LLC when property has residential loan?

Michael Andrews
  • Eau Claire, WI
Posted

I am looking at purchasing my first rental property, however I was planning on using a conforming residential loan to get a fixed rate for 30 years to increase cash flow. I am wondering if the income from tenants and expenses/deductions on the property can flow through an LLC if it's not owned by the LLC?