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House Hacking
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Updated about 2 years ago,

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5
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1
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Shinsaku Ohno
1
Votes |
5
Posts

Can you buy a House Hacking Home off of your Fix-and-flip LLC?

Shinsaku Ohno
Posted

Hi all, I have been looking for a house to house hack in DFW area but having a hard time finding ideal properties.

It makes me feel like, "why don't I buy a distressed home under my LLC with HML, fix it up the way I want to, and sell it to myself with low profit?"

But do you think this is even allowed? I mean, can this be legal?

I'm not sure if it could involve tax issues, legal issues, or any other issues that I am not even sure about that I don't know who I should start talking to. 

Has anyone done something like this?

If you have any idea who I should start talking to, it will be nice to hear about it.

Thank you in advance!

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