Topic: Buying a house as a LLC and Homestead Deduction?
Buying a house as a LLC and Homestead Deduction?
My wife and I are in the process of buying our first home in the District. Based on some harassment/stalking from someone we testified against in a criminal court case, we are looking at options to have our house under a Limited Liability Corp. (LLC) so our names are not directly associated with the property via records available open source.
I’ve tried to research to see if such LLC ownership, even if it was the primary residence of the LLC members, would negate our getting the DC Homestead Deduction with no luck. Does anyone in PoP land have any insight on this?