Already have LLC that owns multiple rental properties. If property is owned and operated by LLC, I believe LLC could deduct taxes, interest, etc. and would be able to start depreciating as well. Within next couple years, will renting out this house to others at least half of the year, so it will eventually need to be classified as a rental property anyway I believe and I would have to pay rent for the time I spend here in order to classify as a rental? I think there is, (or was), a 2 week limit for owner stay in a rental, but assume that this doesn't apply if I'm paying rent to LLC? Not sure, but I will loose a lot of personal deductions this year and trying to look at everything to arrange according to new laws. I've read a lot of articles about moving personal property into LLC and renting back, but nothing specifically aligns with this situation nor are there any current / post 2018 tax law info that I can find.
