Forum

« bluestone terrace Soil Cleanup/Removal »

April 18, 2009

Limited Liability Corp (LLC)

If a mixed use building is partly owned by a LLC, can someone from the LLC live in the building? I read somewhere that they can't, please shed some light.

Comments

I don't see why not.

You said "partly owned by an LLC", do you mean an LLC and a separate individual are listed as owners of the property?

The LLC is part owner, as a corporation, I don't see it being a problem for a shareholder in that LLC to be a resident in the property.

Posted by: christopher at April 19, 2009 12:08 PM

Thanks alot

Posted by: dragontales at April 20, 2009 12:36 PM

Post a comment

Please be patient while your comment is published. It may take a moment.