First Commercial Property

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Hi! My wife and I are both self employed and have separate S-Corps. We are looking for a commercial property to buy for both of our businesses to use. We have set up a separate LLC to purchase a property. Questions: do we pay rent to the new LLC and how much do we pay? Is having a separate LLC from our S-corps the way to buy it our should we buy it as one of the S-corps? I am very new to this and am not even sure I am asking the right questions. Any help would be appreciated. Thanks!

Depends on your individual tax situation. Your tax consultant should be the one answering these types of questions. What might be right for one investor will many times change for another investor.

If you do not yet have a tax accountant now would be the time specifically one well versed in real estate investments and structures.