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Updated 6 months ago on . Most recent reply
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Investors with partners - Best way to operate rentals in LLC when financed in name?
How do most investors with partners handle this?
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You can still operate it within the LLC and get rental income on your personal tax return in a few ways. You can also get a rental agreement in which the LLC pays you long-term rent for the place to your personal. I am not even close to a CPA, though, and they will be able to give the exact answer you need. I would talk with an investor-friendly CPA if you don't have one : https://www.biggerpockets.com/business/finder/tax-and-financ...