[pc86]

Isn't allowing LLCs to own single-family homes a big part of the problem? I have no problems with an LLC or other Corp owning apartment complexes, and I probably don't really have a problem with there being some sort of government subsidies for that - we need them, so they should probably be incentivized.

There's zero reason for an LLC for own a SFH other than as some sort of tax scheme like you mention. Require that any mortgage on a SFH or owner-occupied multiplex be held by an individual. If you want an LLC to own a SFH/OOM, buy it in cash.

[tanseydavid]

LLC + SFH + AirBNB = "the great search for yield"

[TheNewsIsHere]

There’s an issue in that as well. It’s not uncommon for a family trust to own property in lieu of individual ownership by a natural person. The way trusts are structured can differ between states.

In my state a trust can be an LLC, but it doesn’t have to be. My family trust isn’t, but others are.

[egberts1]

What is OOM?