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Trying to build a home with office?


Can my small business purchase residential land and lease it to myself personally for the build of a new home?

Or can my small business purchase residential land, buld a home and then rent it to myself?

Personally trying to avoid jumbo mortgage difficulties.

Maybe, but think of the protection you are losing.

If your company has problems you not only lose your company (and maybe that is also your job) but you also have your house taken away even if you could have made your payments. The people that worked at Enron put all their money in one basket, and lost it all at once.

consult a tax /cpa agent.
doing what u suggest leave u looking for RED flags from IRS yearly.

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