Do you have your properties in a holding company?
Last week I was told to consider having my properties in a holding company. I'm not really familiar with this, I'm guessing it's having them under a corporation to limit liability and pay lower taxes? I have 4 properties now, so wouldn't transferring the properties to a corp. trigger any capital gains tax?
Does anyone have any experience with this and can shed some light in this?
Thanks in advance,
Matt