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Updated about 6 years ago,

User Stats

10
Posts
2
Votes
Michael Demby
Pro Member
  • Charlotte & Concord, NC
2
Votes |
10
Posts

Sell your primary residence to your LLC - benefit or mistake?

Michael Demby
Pro Member
  • Charlotte & Concord, NC
Posted

I was wondering if selling your primary house to your LLC and renting it back would be a good or bad idea? Thinking about depreciation, maintenance cost, taxes ETC. I know it may depend on state specific guidelines - live in NC. I see a discussion, but it 10 years old. Anyone out there doing this?

  • Michael Demby
  • Loading replies...