topic Would it be a good idea to rent my house to myself when i already rent another house in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/would-it-be-a-good-idea-to-rent-my-house-to-myself-when-i-already-rent-another-house/01/708408#M31445 <P>I just want to know if there would be any advantage to renting my house to myself.&nbsp;</P> Thu, 06 Jun 2019 14:00:04 GMT scottl11 2019-06-06T14:00:04Z Would it be a good idea to rent my house to myself when i already rent another house https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/would-it-be-a-good-idea-to-rent-my-house-to-myself-when-i-already-rent-another-house/01/708408#M31445 <P>I just want to know if there would be any advantage to renting my house to myself.&nbsp;</P> Thu, 06 Jun 2019 14:00:04 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/would-it-be-a-good-idea-to-rent-my-house-to-myself-when-i-already-rent-another-house/01/708408#M31445 scottl11 2019-06-06T14:00:04Z No.  If you live there as a personal residence, you gener... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-if-you-live-there-as-a-personal-residence-you-gener/01/708414#M31446 <P>No. &nbsp;If you live there as a personal residence, you generally can't rent it to yourself. You would end up taking improper deductions for non-deducible expenses like your utilities, and you would pay capital gains tax when you sell instead of qualifying for the gains exclusion on a personal residence.</P> Thu, 06 Jun 2019 14:00:05 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-if-you-live-there-as-a-personal-residence-you-gener/01/708414#M31446 Opus 17 2019-06-06T14:00:05Z