If my wife and I own rental properties together, can she open an Limited Liability Company and hire me as an employee?

Answer 1

Yes, your wife can open an LLC and hire you as an employee of the company. However, it's important to note that if you both own rental properties together, you may already be considered co-owners of the LLC as well. In this case, you would both be members of the LLC rather than one of you being an employee. It's important to consult with a legal professional to understand the best structure for your situation and to ensure compliance with all relevant laws and regulations.