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71
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Alan Bostick
  • Homeowner
  • Orrville, OH
31
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71
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HELOC and the Corporate Veil

Alan Bostick
  • Homeowner
  • Orrville, OH
Posted

Another question about the utilization of HELOC.

If I were to buy a a home out right using HELOC on my personal residence but in the name of LLC, then refinance to pay off the HELOC… OR buying with HELOC in my name then transfer to LLC, then refinance in LLC and use that to pay HELOC off, would either of these situations be considered piercing the Corporate Veil?

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