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Updated over 4 years ago,

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3
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Sam Khumba
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3
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Renting with HOA rental restrictions

Sam Khumba
Posted

My HOA restricts from renting the home until one year has passed in ownership. I understand there are two strategies to subvert the HOAs rule: Transfer ownership with sellers mortgage on the property OR create a new LLC where the tenants are minority owners and thus no longer 'tenants'. This prevents the HOA from suing to vacate the property until a year has passed.

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