Re: Client buys new primary residence and puts it into an LLC. He lives in the home. What to do with the mortgage int and property taxes? Add to Sch A, or Sch E or Sch C?

qbteachmt · ‎02-16-2022

OMG:

Put it in the LLC? Or did the LLC buy it?

Because "put it" in the LLC would be Transfer of ownership.

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