
I have a question about setting up a company with a rental property.?
My husband and I lived in a house and we bought a new one, but we rent out our old house … We refer to our house tenants in a company incorp since we rent, but there is a mortgage on it. The banks will not give us a loan investers on the house because they say we owe many .. Currently, the house is under a conventional mortgage. If we inc one rental company, my question may be put on loan home or under the company when the incorp?
I think it will be impossible unless you take the property as part of investment in the company with the consent of the donor who must approve it.
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