Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Pamela Baker
  • Gilbert, AZ
3
Votes |
12
Posts

Can you be a renter of the property your LLC owns?

Pamela Baker
  • Gilbert, AZ
Posted

Your LLC purchases a property fixes it up.

Can you become the renter of the LLC's fixed up property ?

Most Popular Reply

User Stats

3,717
Posts
4,464
Votes
Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
4,464
Votes |
3,717
Posts
Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

No you can't.

A single member LLC is just you as far as the IRS is concerned. You're just living in your own property. You can't rent your own house to yourself.

business profile image
Kolodij Tax & Consulting

Loading replies...