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Updated almost 2 years ago, 03/02/2023
Business Credit Card to Fund Rehab - Owner Occupant
Hello Bigger Pockets Family,
I recently purchased a SFH in Miami using conventional 20% down, however, since I am a first time home buyer, I am claiming this as an Owner Occupant. I plan on rehabbing the property and "house hacking" one side of the home. My question is: Can I use a business credit card to fund the rehab even though this is not considered an investment property? Will there be any legal trouble with taxes down the road if I do so? Thanks in advance.