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Updated almost 5 years ago,
Buying with LLC's cash but deed it under personal name
Hi guys,
Newbie here.. Here is the situation: I am trying to purchase a house with a conventional loan - 25% down, 30 yr fixed that I will put under my personal name. However, I will be using the cash from my business checking account. So question is can I do that? How would that affect my LLC standing and what are the tax implications on this?
Thanks in advance!!
Harrison