Costs/Negatives to transfer house deed from my business to personal ownership to get home equity loan?
dougsuessegger asked: My business owns a home; and I want to transfer that home to myslef, in my own name. The home is paid-off. This will allow me to take out a home-equity loan. Are there costs/tax rammifications? Is there a negative I cannot currently detect? Thank you so much.
August 19, 2008
• Tags: Business Ownership, Home Equity Loan, Loan Business, Personal Loan, Personal Ownership • Posted in: Renting & Real Estate • 1 Comment
