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All Forum Posts by: Sean Timper

Sean Timper has started 1 posts and replied 2 times.

Personal Finance

Post: Pros/ Cons of placing your primary residence under your REI LLC in Virginia

Sean TimperPosted
  • Flipper/Rehabber
  • Richmond, VA
  • Posts 2
  • Votes 0

Thanks guys. Doesn't sound like it's worth persuing. 

0 Votes
Richmond, Virginia
Personal Finance

Post: Pros/ Cons of placing your primary residence under your REI LLC in Virginia

Sean TimperPosted
  • Flipper/Rehabber
  • Richmond, VA
  • Posts 2
  • Votes 0

Hey BP Fam, 

I had a thought about what would happen, and would it be worth it, to place my primary residence under my LLC and then charge myself rent to live here. I saw a bit online that stated it could be worth it in some states, but not others.

Has anyone persued this, or been down this path before? 

Thanks in advance. 

Sean

0 Votes
Richmond, Virginia