Since this is a multi-member LLC and I assume the two owners are not married to each other and therefore do not file a joint tax return together, this doesn't "quite" fall into the self-rental arena. But there are tax consequences still.
Rent paid by the business would be paid "from" the business to "to" you personally. Then you would report that income on SCH E as a part of your personal 1040 as rental income. The payment would be reported on the 1065 as a business expense in the rents paid category. This is where it gets weird. You're using a part of your primary residence as a business rental; not a residential rental. Therefore depreciation would be over 30 years and not 27.5 years.
Understand also that depending on the laws of your state or county, using your primary residence (and in some cases any part of your primary residence) for business may disqualify you for any homestead or other exemptions you may otherwise qualify for on your property taxes.
