No Means Yes

13 Jun 2023 · 0 min

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0:25

A speaker pitches transferring your home into an LLC to lose three homeowner tax benefits: the mortgage interest deduction, capital-gain exemption, and homestead exemption. The claim is this eliminates "headaches" tied to those benefits.

If you're tired of getting that mortgage interest deduction on your taxes, if you no longer want the hassle of having to deal with all that extra profit that you make from selling your home, and you want that pesky homestead exemption you have to be gone, well, I've got the perfect solution for you. Put your home into a limited liability company and you'll lose all three of those headaches. Join my newsletter for more.