Living In A "business" House
I have ask this on another board but here goes
Is there any way we can take a house "subject to" and have a partial or full payment made by the company, if the president of the company lives in the house? Does it need to be a S corp or can it be an llc? What needs to be do to make this happen?
Example
I pay less the business loses money very much a pro for all.
Payment is $1,200 month
I pay $600
The business credits us the other $600
or $1,200 payment
I pay $600
president of business get a housing credit for $600
Is any of this posible or how can we make it posible.
Thanks
Sire
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