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Updated about 4 years ago on . Most recent reply

Primary Residence Refinancing under business or personal loans .
I am in real estate investing with a LLC already established. Our primary resident is in need of refinancing. For those being in real estate for so long , are there any benefits tax wise (Obviously my local CPA is looking into it) having my Business purchasing the primary residence and we renting from it ? My wife has a home base business and works from home ( So we have a home office for that ). I do understand that we should be consulting with a CPA. However, the one that i have seems to not see any benefits so i am running this by the community .
Thank you