House hacking but also have an LLC

[Michael J Scanlon]

If I'm house hacking a single family home, can I own it in my name (as I'm using fha) and still utilize my LLC to take payments in my business account as well as write off my expenses related to the rented bedrooms as business expenses?

[Tyler Gibson]

@Michael J Scanlon You should ask your CPA but my experience is that the fact I have a rental means I can deduct the expenses related to that rental. Putting the money in your LLC likely does not matter since the home is titled in your name. You are most likely paying to keep the LLC for not good reason.