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Updated almost 7 years ago,

Tom Herman's profile image
Tom Herman's profile image
Tom Herman
  • from Peoria, Illinois
  • Member since Mar 24, 2018
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Tom Herman's profile image
Tom Herman's profile image
Tom Herman
  • from Peoria, Illinois
  • Member since Mar 24, 2018
Connect
Tom Herman
  • Peoria, IL
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Real Estate Deal Analysis & Advice

If my business buys a house for me, how can I write it off?

Tom Herman
  • Peoria, IL
Posted

I own a business and would be interested in purchasing my next home through the business. I am not sure if this is a good idea or not. Can someone add some light to the topic as far as writing off the residential property and any potential income taxes I would have?

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