Landlords : How do you own your personal/primary residence?

[Edward Prochilo]

This may be a stupid question, but I am curious to know. I have never seen nor heard where anybody talks about this. As a landlord, how do you own your personal/primary residence? Do you personally own it and pay the mortgage or does your business own it and you rent it from your business?

[Adam Martin]

I would think most of us own our own homes under our name like anyone else.  I don’t think it would be tax efficient under a llc because we would have to pay taxes again on any payments to ourself and have to pay capital gains on all earnings on the sale.  Sure the depreciation is nice on the front end but don’t forget about the recapture on the back.