Loan for new LLC - use LLC name or my name?

[Jerry Rubinow]

We are turning our house into a rental property and have put it into an LLC in preparation for that. We need to replace the boiler/hot water tank, and the cost of doing that qualifies for a 0% Massachusetts improvement loan (Mass Save HEAT loan). Do I want to put the LLC name or my name as the loan applicant?

If it's the LLC name, it has no credit history, so I'm worried there wouldn't be any basis for approving the load.

If it's my name, would there be any issue with depreciating the cost at tax time? Or any other tax issues with the LLC taxes?

Any advice appreciated.

[Karen Margrave]

@Jerry Rubinow  The best thing for you to do is consult your CPA or an attorney for the best advice on taking title. 

@Hugh Ayles

 @Wayne Brooks

To all three of you, I hope you will consider uploading a picture of yourself to your profile. Should you not want your pic online for some reason, maybe a pic of a local monument, hobby, etc. (as long as it's not copyrighted) It just gives your post some character, and more personal touch.