Subject: Question - Corporation
Date: Tue, 22 Mar 2005
Can you guide me about how to buy real estate under a corporation?
Date: Fri, 01 Apr 2005
Very rarely would I recommend buying real estate and holding it in a corporation. There are other ways of holding real estate, including limited liability companies, that preserve the tax benefits of holding real estate and provide limited liability protection. If you have a corporation conducting an active trade or business, it's generally better to have the corporation lease the real estate from you or an entity owned by you and your family than for the corporation to own the property.
IRS Circular 230 Disclosure: As required by U.S. Treasury Regulations, you are hereby advised
that any written tax advice contained on this website was
not written or intended to be used (and cannot be used) by any
taxpayer for the purpose of avoiding penalties that may be
imposed under the U.S. Internal Revenue Code.