Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

21
Posts
11
Votes
Howard Johnston
  • Jacksonville, FL
11
Votes |
21
Posts

Should we transfer our home into our business name for a HELOC

Howard Johnston
  • Jacksonville, FL
Posted

Hello Bigger Pockets folks,

Thoughts from anyone on if we should transfer the deed (ownership) of our home from our personal names into the name of our company? We are about to apply for a HELOC loan, we own the home free and clear, are turning it into a vacation rental. Using our HELOC to fund at least in part our first deals.... so would all of this be easier or is there any benefit to just putting it all into our business? We have an S corp.

Any pointers or thoughts would be fantastic.

Cheers,

H&H

Loading replies...