Choice of Business Entity - What is the Best form for Your Business?
What is a Limited Liability Company?
How Should I Own Business Real Estate?
If you are planning to own investment real estate,
especially with partners, the real estate should ideally
be held in a limited liability company, a limited
partnership or, if a large number of investors and
properties are involved, a real estate investment
trust (REIT). Nevertheless, if you are a shareholder
of a corporation that owns appreciated real estate,
care must be taken to determine the best way to resolve
the situation with the least amount of tax exposure
at both the corporate and shareholder levels. More...