Can you live in a commercial property?

Can you live in a commercial property?

Arthur Bargan // Shutterstock Can you live in a commercial property? If you’re a small business owner, there’s a good chance you practically live at your job. But can you live in a commercial property? The short answer is—it depends. Local zoning laws and insurance coverage make a big difference depending on your location. It’s usually wise not to live in a commercial property unless your lease includes living on premises. You don’t want to get …

Q&A: Understanding the Set up and Benefits of a U.S. LLC for Real Estate - America Mortgages

1. Are there benefits to living in a home that is owned by my own LLC? Is it even permitted? LC: It’s permitted, but there’s no real benefit if you’re living in the home personally since you’re not making money from it. LLCs are generally used for investment or business properties. There could be liability […]