Costs/Negatives to transfer house deed from my business to personal ownership to get home equity loan? - business equity loan
My company has, and I want my house myslef in my own name transfer. The house is fully paid. This allows me to get a credit on the equity. Are there any fees / taxes rammifications? Is there a negative current can be detected? Thank you very much.
Friday, January 15, 2010
Business Equity Loan Costs/Negatives To Transfer House Deed From My Business To Personal Ownership To Get Home Equity Loan?
1 comment:
The bank will lend to a house in the name of your company. Go to a mortgage and your mortgage is not a business. You will receive a tax deduction for the loan. You need the payments. Very simple. .
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