Posted by John Merchant on February 13, 2004 at 17:36:08:
While you’d need to deed it to the corp, such might well trigger the DOS clause of your loan, so it probably wouldn’t be wisest move.
You could legally deed it to your trust, then the trust beneficiaries could sell & assign their interests in the trust to you or your corp, and if done right, would probably not trigger the DOS.
how do i transfer house into corp - Posted by Dale- ohio
Posted by Dale- ohio on February 13, 2004 at 13:58:31:
could anyone please tell me the easiest way and cheapest, to transfer a house into a corp? If I do transfer it over am I still responsible for everything on the house such as the loan. Would my Corp have the loan also?