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Updated 9 months ago on . Most recent reply

Investors with partners - Best way to operate rentals in LLC when financed in name?
How do most investors with partners handle this?
Most Popular Reply

You can still operate it within the LLC and get rental income on your personal tax return in a few ways. You can also get a rental agreement in which the LLC pays you long-term rent for the place to your personal. I am not even close to a CPA, though, and they will be able to give the exact answer you need. I would talk with an investor-friendly CPA if you don't have one : https://www.biggerpockets.com/business/finder/tax-and-financ...