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Updated almost 10 years ago on . Most recent reply

User Stats

9
Posts
1
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Joshua Starbuck
  • Real Estate Agent
  • Pensacola, FL
1
Votes |
9
Posts

Can I choose who I rent out to if I am an Owner-Occupier?

Joshua Starbuck
  • Real Estate Agent
  • Pensacola, FL
Posted

Hello BP!

I just got done reading an article on the BP website called "5 reasons I do NOT invest in real estate using an LLC". I am just trying to gain more information on one reasons made in the article. In the article it states that being an owner occupant of a duplex, you are able to choose whoever you would like to rent or not rent to because federal law governing tenant selection does not apply to an owner occupant. Would/Could you be able to do this even with a 4 unit building since the same owner occupant rules apply? I feel like I might have answered my own question but it really doesn't make sense that you can do this. Can someone clarify for me? Thanks!

Most Popular Reply

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1,981
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1,198
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Bryan O.
  • Specialist
  • Lakewood, CO
1,198
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1,981
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Bryan O.
  • Specialist
  • Lakewood, CO
Replied

FINALLY! I've been looking for this link everywhere:

It shows a breakdown of the differences that States have made to tighten up the Fair Housing Act. Maybe @Scott Trench can update his article with the link (or one similar) so people have a reference for their State.

FHY, it's called the "Mrs. Murphy" exemption.

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