want to start a real estate holding company?
Posted on April 16th, 2010 in Small Business | 2 Comments »
bigdoublem08 asked:
I am looking to start a holding company for real estate my partner and I own. Can anyone advise me on the best way to go about this. We have 6 properties with the intention of adding at least 10 more over the next year. We are looking to protect ourselves financially and legally. We also want to build a business credit profile to leverage our holdings for buying power.
West Los Angeles homes
I am looking to start a holding company for real estate my partner and I own. Can anyone advise me on the best way to go about this. We have 6 properties with the intention of adding at least 10 more over the next year. We are looking to protect ourselves financially and legally. We also want to build a business credit profile to leverage our holdings for buying power.
West Los Angeles homes
2 Responses
Thermage before And After
Covered a lot in the question(s). LLC protects you like a corp. But can act like a partnership.
All earnings are distributed year end. Problem is no retained for leverage (as you say).The “c” corporation or Charter has a double tax issue but does assume retained earnings.
A REIT is not a bad place to end up. Keep the stock limited to a reasonable capital price per share (dollars) issued- authorize as much as you want for down the road. But here you can form a TRS or REIT subsidiary to shelter up to 20? That way you build you r capital base more efficiently.
Orlando Florida Real Estate
The best way is to set up a land trust and put each property into a land trust, Then set up a few llc’s and have the llc’s own the land trusts.
if you have 6 properties Set up a land trust for each then 3 LLCs and have each LLC own 2 properties.
That way the trust hide ownership and the llc give you law suit protection.
That way you do not have all your eggs in one basket.
Jordon Bradley