Updated over 4 years ago on . Most recent reply

Can you be a renter of the property your LLC owns?
Your LLC purchases a property fixes it up.
Can you become the renter of the LLC's fixed up property ?
Most Popular Reply

Natalie Kolodij
Tax & Financial Services
Pro Member
- Tax Strategist| National Tax Educator| Accepting New Clients
- 4,499
- Votes |
- 3,749
- Posts
No you can't.
A single member LLC is just you as far as the IRS is concerned. You're just living in your own property. You can't rent your own house to yourself.

Kolodij Tax & Consulting