Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply

Can I lease my home as part of my Rental LLC company?
Everyone,
I have a mortgage on my home with 500k in Rental property equity. My idea is to place my peesonal property under an LLC and lease my property to myself and any mortgage I pay or maintenance, including utilities can become tax deductible.
Can anyone tell me the pros and cons?