Is it legal for someone to set up as a small business and buy their own home to rent back to themselves?

rent back

hello, strange question (that came up in an even stranger conversation!) - is it legal for someone to set up a small business as a landlord, then buy their current house and rent it back to themselves? Im sure it isn’t and i don’t want to loose a bet!
In the UK!

Sell and Rent Back

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2 Responses to “Is it legal for someone to set up as a small business and buy their own home to rent back to themselves?”

  1. Studbolt X Says:

    It’s legal in the US. You don’t think John and Cindy McCain own all those homes in their own names do you?

  2. dontknow86 Says:

    Yes, You can do it. Im in USA