Buy real estate using Corporations? - Posted by sean mcguinness

import · January 17, 2002, 5:13pm

Posted by jennifer on January 24, 2002 at 15:03:27:

you should acquire through limited partnerships and set the corporation as the general partner. this situation maximizes flexibility and minimizes liability without jeopardizing profitability.

import · January 17, 2002, 5:13pm

Posted by sean mcguinness on January 17, 2002 at 18:13:39:

hello. i have heard that there are lots of loopholes and tax advantages by setting up a corporation. Can anyone tell me why? and what type of corporations do you suggest to set for holding and flipping properties? thanks. any responses will be appreciated.

~Sean McGuinness