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Updated over 6 years ago on . Most recent reply

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242
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60
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Jasmine C.
  • Real Estate Coach
  • Reno NV
60
Votes |
242
Posts

Tent in common or llc partnership

Jasmine C.
  • Real Estate Coach
  • Reno NV
Posted

Hello. I’m purchasing a single tenant commercial building and my cpa said I should purchase the building as 50/50 separate ownership like tenant on common vs a partnership llc because it’s easy to sell and he can do our taxes as a single member llc.  Is this common to purchase a building this way?  Pros and cons?

  • Jasmine C.
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WNN Properties
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5 Reviews

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