In the end, it cancels out any benefit.Loss of Key Homeowner BenefitsIf you sell your home to an LLC or S-Corp, you’ll lose:$250k/$500k capital gains exclusion on selling a primary residence.Homestead exemption on property taxes.Owner-occupied insurance rates, which are cheaper than rental insurance.Substance Over FormIn tax law, the IRS looks at the substance of a transaction, not just the form.

Over the years, I’ve learned a ton, and now I’m applying that experience to my Real Estate practice.

Since it was over 12 months with my HML, I ended up taking the property under my name with a 30-year conventional loan.

@Shay Yao, I noticed you posted on the forums a little over a year ago expressing interest in house hacking.

Quote from @Steve NA: Hello All,I am new to investing in general (outside of a condo I have rented over the years).

I mean, obvious right, people can only spend what they have. 

Growing enrollment at UA may also potentially push rents upward over time, so that’s an excellent plus.

Hi Mindy,Its been a little over an hour and I still get the banned message when I go to my inbox. 

@Palak Patel copied from our website, so use what's useful for you:_________________________________________________________________________Below is more information about what our Applications Department does to screen applicants and find the best tenants possible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of another applicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then taking several days to submit.

I don't want to spend all my capital, but I think I could potentially refinance and get some back.