Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on .
Most recent reply
presented by
Buying Building to House My Non Real Estate Related Business
I am about to buy a building to house my non real estate related business. I have a S Corp (LLC with S Corp election). I initially told the loan officer that wanted to title it to my S Corp but now I am thinking that it would be better to form a new LLC, title the property to it, and have my S Corp to rent from it. Does anyone think that this is a better idea than the first?
Most Popular Reply
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
- CPA, CFP®, PFS
- Florida
- 3,268
- Votes |
- 4,096
- Posts
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
- CPA, CFP®, PFS
- Florida
Please do not use S-crop to buy real estate. Talk to your tax advisor before doing this.
- Ashish Acharya
- [email protected]
- 941-914-7779
INVESTOR FRIENDLY CPA®
217 Reviews
4.9 stars