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Updated 11 months ago on . Most recent reply

User Stats

35
Posts
16
Votes
Bryce Kennebeck
  • Rental Property Investor
  • Tampa, FL
16
Votes |
35
Posts

House hacking, 20% down, with an LLC?

Bryce Kennebeck
  • Rental Property Investor
  • Tampa, FL
Posted

So I recently bought a triplex at 20% down and I live in one of the three units. I was originally going to go fha or 5% down so I put it in my name, but now that I put down 20% should I put it into an LLC? I would like to take advantage of using it as my primary residence for 2 years so that way i can take advantage of not paying capital gains after 2 years of living their. Can I do this with it in an LLC or must I keep it in my name? Thanks!

  • Bryce Kennebeck
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