abctax55
Level 15
12-07-2019
07:24 AM
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You *don't* put appreciating assets into a Corp (especially a "C") because removing the asset is a taxable transaction, unlike with a LLC and/or partnership.
Plus, with a C - there's the double taxation issue.
LLC's are generally the advised vehicle for real estate investments because of the limited liability component. But, as Bill points out, if the LLC isn't handled/treated/managed as a separate entity that liability protection can easily be pierced.
HumanKind... Be Both