I have a LTC setup that has a revolving account. I also have cash from a sale of a property
Im looking at buying a property, not sure if a home or a investment property at this stage. Where is the best place to use $$ for the deposit in a purchase?
1) I buy a house to live in my personal name, possibly turn into rental later
As its a home its best to just use the cash i already have?
2) I buy a rental in my LTC
I assume pay the deposit via the LTC?
If it makes sence to pay down the LTC then first transfer the cash i have into the LTC and then transfer via the LTC?
Im looking at buying a property, not sure if a home or a investment property at this stage. Where is the best place to use $$ for the deposit in a purchase?
1) I buy a house to live in my personal name, possibly turn into rental later
As its a home its best to just use the cash i already have?
2) I buy a rental in my LTC
I assume pay the deposit via the LTC?
If it makes sence to pay down the LTC then first transfer the cash i have into the LTC and then transfer via the LTC?
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