Can my LLC pay for my houses HVAC replacement?
I started an LLC for my rental properties earlier this year, I also anticipate to rent my house I currently live in underneath that business. The HVAC recently broke (wasn't a surprise) however since I still currently live in the house, can it be a business expense paid through the LLC? Even though I only plan to rent this house in the future and still live in it?
The cost will be a maximum of $7k USD (hopefully lower), and my LLC does not own the house, I do in my name. Not sure if those things matter.
Posted Sep 16, 2021, 8:34 PM UTC
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