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Updated about 8 years ago on .

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Specialist
  • from San Antonio, TX
  • Member since Aug 23, 2012
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Specialist
  • from San Antonio, TX
  • Member since Aug 23, 2012
Connect
Account Closed
  • Specialist
  • San Antonio, TX
351
Votes |
865
Posts
Buying & Selling Real Estate

How to make a company house into my residents?

Account Closed
  • Specialist
  • San Antonio, TX
Posted

I just closed on a pretty big nice house. It needs paint and carpet, ect. My plans were to owner finance or retail after the repairs. When I closed I had the sellers deed the house into my LLC now my children and wife are wanting to move into it. If I was to move into it how should I go about it for tax purposes whereas it is in the name of my company and the fix up funds are from the company bank account?

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