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Updated almost 9 years ago,
Finance under individual name but work is done under S Corp
I have a S Corp setup to manage my real estate brokerage revenues and I intend to use this entity to track my flip business as well. However, I am told several times that lender will not finance if I use the entity name to purchase property for flipping. If I use my name to finance the purchase of the property, am I still able to report the acquisition, renovation, interest and other misc holding cost under the S Corp? Thank you.