Buying a vehicle under an LLC
Hi All,
I have been told that I would have to guarantee an auto loan if I bought a new vehicle under my LLC. Will the debt go against me personally if I am the guarantor? I am in need of a truck as I now own multiple properties and manage them but I do not want to acquire more debt and negatively impact my DTI. Can anyone share any creative ways to do this? Appreciate your help!
Niko