Re: Transferring Real Estate property to a Corporation

What is the name of your state? California

What is the best way to get a tax write off on my apartment buildings. I want my corporation to be bankable so I can buy more units or houses under the corporations name?

What I really want to do is sell my properties to the corporation or refiance them onto the corporation to clear my credit. How do I do that?

Or Can any of this be done?

[HomeGuru]

Originally posted by mfrias
What is the name of your state? California

What is the best way to get a tax write off on my apartment buildings. I want my corporation to be bankable so I can buy more units or houses under the corporations name?

What I really want to do is sell my properties to the corporation or refiance them onto the corporation to clear my credit. How do I do that?

Or Can any of this be done?

**A; if you will be the personal guarantor on the mortgage refi, a transfer of property to a corporation would not help.