Posted by curious on October 15, 2002 at 21:51:24:
What are the tax consequences of rentals in a C corp?
Posted by curious on October 15, 2002 at 21:51:24:
What are the tax consequences of rentals in a C corp?
Corporation or Land Trust - Posted by mike
Posted by mike on October 08, 2002 at 11:00:09:
I just opened my own corp. to transfer my investment property into. My only concern is having my corportation hold title to all of my properties. If something every happened to my corp. then all of my properties are in jeapordy.
Would a Land Trust be a safer way to keep all of my properties independent from each other and exclude me from being liable?
Please, any help would be appreciated.
Mike
Re: Corporation or Land Trust - Posted by JHyre in Ohio
Posted by JHyre in Ohio on October 09, 2002 at 07:22:38:
Land trusts are used in CONJUNCTION with an entity. They provide privacy, not liability protection.
A corporation is rarely the right way to hold real property. C-corps are wrong for holding RE 95% of the time. Nevada C-corps are wrong 99% of the time.
John Hyre