Posted by Tony(Miami) on February 08, 2001 at 17:31:39:
I am a newbie but reading some posts I have seen people mention land trust… Why do you want to INC for the legal aspect of it or financial? You might have to upstream the income through several entities if for the financial aspect. From what I know the only other entity you might be able to use would be an LLC because an S corp is flo-thru. Well just my two cents worth.
incorporating as an investor or manager? - Posted by stan
Posted by stan on February 04, 2001 at 23:10:59:
now that i am investing in realestate i would like to know if it is good business sense to incorporate…if so should i incorporate as an investment corp or as a management corp…please help
Re: incorporating as an investor or manager? - Posted by KentF
Posted by KentF on February 07, 2001 at 23:19:10:
I’ve read in here from most “experienced” people that you probably should not incorporate as an investor because you lose the tax benefits. I am, however, a newbie and have yet to buy my first piece of real estate. I think, though, that a person could incorporate as a manger and you, the investor, would simple be a client of the mangerial corporation.
I welcome alternative ideas as I am still trying to learn, myself.
KentF