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Updated over 2 years ago on . Most recent reply

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10
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2
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Monica De Leon
  • Atlanta, GA
2
Votes |
10
Posts

Can I rent to myself and report payments to credit bureaus?

Monica De Leon
  • Atlanta, GA
Posted

I've seen posts about renting to myself for tax purposes but I does anyone know if I could set myself up as a tenant and make rental payments for my personal property and if I were to do so, could I report the payments to the credit bureaus?

Most Popular Reply

User Stats

10
Posts
2
Votes
Monica De Leon
  • Atlanta, GA
2
Votes |
10
Posts
Monica De Leon
  • Atlanta, GA
Replied

I'm trying to improve my credit and rental payments can be reported to the bureaus.

I own the property free and clear so I don't have a mortgage. Improving my credit to qualify for an HELOC is worth paying a bit more so that i am able to fix up a duplex that I have and haven't been able to get funding to fix up and rent out.

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