Buying warehouse under an INC or LLC?
I'm about to buy a warehouse in Southern California for our company's own use. I have three options on which entity holds the property:
(1) buy the warehouse directly under our current company
(2) Set up a LLC, buy the warehouse under the LLC, and then rent it to my current company
(3) Same as (2) above, but with a INC
I would like to understand the pros and cons of the different options, and be more than happy to get your thought on this. Please let me know if more info is needed. Thanks in advance.