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Cole Mitchell
  • Cuyahoga Falls, OH
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Can I title a house to my S-Corp and sell to myself later on?

Cole Mitchell
  • Cuyahoga Falls, OH
Posted Mar 23 2018, 18:49

I’m trying to see if the broker I’m working with if correct or not. 

I’m buying a house to fix the foundations and a few other things then out a mortgage underbit and use as my personal residence.

I rehab houses for a living and have an S-Corp I run my business through. 

My broker is telling me I can’t title/deed the house to my company and then sell it to myself and my fiancé after the repairs are done and put a mortgage under it. 

I’m borrowing the money the initially buy the house . Then once foundation is fixed we can get the mortgage under it as it will not make past appraisal is the current condition. 

Thank in advance! 

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