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Updated about 8 years ago on . Most recent reply

Account Closed
  • Wholesaler
  • Phoenix, AZ
10
Votes |
97
Posts

Why do some investors have their primary residence as a rental ?

Account Closed
  • Wholesaler
  • Phoenix, AZ
Posted

Hi Guys,

I am curious as why some investors live on a house and have the legal class a primary residence ? 

Is there a benefit ?

Does it help with taxes ? 

Are they able to qualify for more have that property as a "rental" ? 

Has anyone came across someone with their primary residence as a rental and asked them why they have it like that ? 

I have came across many investors that have their property as a rental when they are living there 

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