Q: Can a member of your llc rent out a property owned by the llc?
Can a member of your llc rent out a property owned by the llc?
Just started a membership llc and working on building inventory when a member expressed interest to rent out one of the newly acquired properties by the company. Can that member rent the property just like if it was a normal person?
Does this have any exclusion to the full tax write off and depreciation ability?
A: A member of the LLC can rent just like a normal tenant. How it would affect taxes is a better question for your accountant.
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