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Updated almost 5 years ago on . Most recent reply presented by

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84
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22
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Samantha P.
  • Real Estate Investor
  • Glenwood, IL
22
Votes |
84
Posts

House hacking in an LLC

Samantha P.
  • Real Estate Investor
  • Glenwood, IL
Posted

Should I put my primary residence in an LLC if I am house hacking? What are the pros and cons?

Most Popular Reply

User Stats

322
Posts
179
Votes
Sean Morrison
  • Attorney
  • Slidell, LA
179
Votes |
322
Posts
Sean Morrison
  • Attorney
  • Slidell, LA
Replied

One thing people forget is that in most states, putting a primary residence in an LLC will lose your homestead exemption.

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