UKnoitsMe Posted January 12, 2012 Report Share Posted January 12, 2012 So, I used to work in a food distribution business that supplied restaurants and such. That industry was one of the first to get hit from the "recession", so i lost my job about 4-1/2 years ago. I took a risk and started my own biz. I used up quite a bit of my savings and took some bad credit hits along the way, so now my "past" credit is pretty yucky! I registered my biz as a "sole-proprietor" so this way, if the biz failed, it would not effect both me & the wifey. well, it hasn't failed. we're looking into buying a new house, but my credit is hindering that process. Hers is fine, but she doesnt make enough dinero solo to get a house. ANd since my credit is toast, she can't claim my income - I have to be "on" the mortgage to claim my $$. my question is... what do i need to do to get her name on the business so she can claim the income without me? and not as simple as just adding her name... a sole-pro can only have one owner, so I am thinking LLC ?? but what all is involved in that?? Quote Man I'm glad I didn't lock this I get to witness two retards holding hands telling each other that it'll be ok because they are awesome. Link to comment Share on other sites More sharing options...
zx10intn Posted January 12, 2012 Report Share Posted January 12, 2012 you dont need to go through all that, get with a mortgage company that will do manual underwriting. Quote 1969 Chevy Chevelle 20/22" staggered Bonspeed Huntingtons wrapped in Nitto INVO's Mechman 250amp cs144 alt w/AVBM Kinetik 1800 main battery/Kinetik 2400 in the trunk Pioneer AVH-3200dvd Headunit (2) sets of Hybrid Audio Technologies Imagine components up front (2) DD 3512's d4 coils Sundown sax100.4 component amp Sundown saz-3000d subwoofer amp 5ft^3 box tuned to 34hz MY BUILD Link to comment Share on other sites More sharing options...
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