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#435 The People's Show - Open Forum

Main Street Business

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How to Rent a Home in an LLC

Tail Dragger: Is it a good move to put your home in an LLC? He says you have to have business use of the home. Tail Dragger: If I have fair market value rent, I'm renting for myself with my office building. But if you want to be a tenant, you be a tenant and you're giving up sale of home exemption.

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