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Updated about 3 years ago,
Using Home Improvement LLC to to collect income from rooms rented
Hello to all. I recently opened a home improvement LLC which has my contractor licence attached to it. I did this so that I can work on whatever properties I purchase in the future. I have no interest in remodeling other people's homes. I recently rented out 3 rooms in my primary residence which pays the mortgage and cash flows $700 a month. I was wondering if the is any way that I can use my home improvement LLC to collect that rental income? I'm planning on getting rental properties and would like to make use of that LLC. Thanks in advance.