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All Forum Posts by: Matt Z

Matt Z has started 1 posts and replied 1 times.

Starting Out

Post: Do I need to start a business to rent my house out?

Matt ZPosted
  • Canton, MI
  • Posts 1
  • Votes 0

Hello,

I am in a similar situation as most Americans where my house is worth less then what I paid for it. I decided to make a leap of faith and purchase a new home which means I have to rent out my current home. It is very exciting but also makes me very nervous. This site has given me a wealth of knowledge in how to rent my house out and pre-screen candidates. But I am curious as to if I should set up my own business. I'm hoping to protect my assets and provide a tax break. Does anyone gone through this or have any advice? Any suggestions are very greatly appreciated.

Thanks,
Matt

0 Votes