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can i live in my llc rental property

1Answers

DiJoshua

11/28/2025, 07:27:16 AM

Yes, you can live in your LLC-owned rental property, but it requires careful management to maintain the LLC's liability protection and tax benefits. This requires a formal lease agreement and recording the expense properly; the primary risk is the LLC being deemed a personal asset, jeopardizing liability protection and creating tax complications.

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