Updated about 17 years ago on .
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Sell your house to your llc then rent
Has anyone ever sold their primary residence to their LLC and then rented their home back from their LLC? I was thinking this could have some fantastic tax savings by expensing home maintenance/utilities/insurance, etc through the LLC for a tax write off.
-Michael
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The question for your accountant is not to ask, "Is this legal?" The question is more, "How can this be done so it's legal? Do some out of the box thinking."