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Updated over 3 years ago on . Most recent reply presented by

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1,091
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John Carbone
  • Rental Property Investor
  • Gatlinburg
957
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1,091
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Sole proprietorship for a rental while married

John Carbone
  • Rental Property Investor
  • Gatlinburg
Posted

Looking to buy an investment property that will be rented out. This will be bought in my name (and spouse)  and rented out under a sole proprietorship. I want to keep my spouse separate from the business so I can just file as a sole proprietorship with all income going to me. Can she legally be on the mortgage/deed but not be involved in the business aspect of renting it?

I’m aware of benefits of doing llc, but I do not want to do that based on my situation. I need to be sole proprietorship 


thanks

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