Hello,

I was considering living in one unit in a 9-unit apartment. Since these are valued based on income, would it be possible to pay myself rent to represent the fact that this apartment should/could be valued at 9 units, rather than having income only coming from 8 units and lowering the value?

@Thomas Shaw
The answer to your question is Yes!
Even though you could be occupying one of the units, the valuation of the apartment building is based off the rental income all 9 units would produce.

If you have investor's and own the building through an LLC then you have to pay rent, or else it is an example of self dealing.

in what context is this taxes? home purchase "self sufficiency test?

@Patrice Penda Thank you! That's exactly what I was looking for.

@Seth Borman Good to know. Definitely don't wanna do something illegal/immoral.

@Taoufik K. I'm not quite sure what you mean. Could you clarify a little bit?

Thanks for the responses!