Can I title a house to my S-Corp and sell to myself later on?

[Cole Mitchell]

I’m trying to see if the broker I’m working with if correct or not. 

I’m buying a house to fix the foundations and a few other things then out a mortgage underbit and use as my personal residence.

I rehab houses for a living and have an S-Corp I run my business through. 

My broker is telling me I can’t title/deed the house to my company and then sell it to myself and my fiancé after the repairs are done and put a mortgage under it. 

I’m borrowing the money the initially buy the house . Then once foundation is fixed we can get the mortgage under it as it will not make past appraisal is the current condition. 

Thank in advance! 

[Robert Carraway]

@Cole Mitchell

So, why do you think using the S-Corp is helpful?  It seems to me that you are potentially missing out on the tax advantage of living in your flip.  If you live in it for at least 2 years, you can avoid paying any tax on the appreciation.  If you rehab it in the S-Corp and sell it to yourself, wouldn't you have some taxable profit in the S-Corp?   Why not just buy it personally, rehab, and do a cash out refi?