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How to Turn Your Personal Residence into a Tax Free Rental [ Check Out This Awesome Strategy]

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hi Clint came here with Anderson

business advisors and in this segment

I'm going to discuss how to take your

personal residence and turn it into a

rental now you might be wondering why

would I ever do that well there are

people out there who are considering

turning their personal residence into a

rental property they don't want to sell

it it's in a location they think is

going to continue to appreciate it can

produce great rental income for them but

the question is how do you do it

do you just move out of your house and

then start renting it out well you could

do that but you're giving up a

tremendous tax benefit if instead you

chose to structure it in a slightly

different manner I want to show you is

how you can take your personal residence

turn it into a rental by selling it to