|
Why purchase real estate as a corporation? |
|
|
|
Purchasing real estate as a corporation is a good idea for several reasons:
1. You remain anonymous.
2. Your private assets remain untouchable and won’t be held liable for future costs produced by the property.
3. Real estate held as a corporation cannot be easily lost because of financial difficulties.
4. You can split the shares of the corporation with your children or spouse and thereby avoid probate.
5. You can avoid the transfer tax in future real estate transactions. The future buyer simply buys the shares in the property or the entire corporation. By the way, this is the fastest way to conduct a real estate transaction.
6. All active corporations must pay taxes on revenue and sales. A corporation that holds only property is usually inactive and therefore has to pay a property tax of only 0.25% of tax value per year.
Further information provides the following VIDEO (click here)
|
