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Updated over 3 years ago on . Most recent reply

User Stats

37
Posts
20
Votes
Nick Cooper
  • Contractor
  • South Vienna, OH
20
Votes |
37
Posts

Commercial land for my paving business

Nick Cooper
  • Contractor
  • South Vienna, OH
Posted

I found a commercial 2 acre lot that I'm looking to purchase for my paving S-Corp LLC.

I was wondering if it would be better to purchase it with a commercial loan in the name of my LLC or to purchase it with my own name then rent it out monthly to my LLC?

Which of the 2 would have the better impact on my DTI down the road? Or does my personal guarantee still bring down my DTI if I purchase in the business?

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