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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 21 Mar 2005 06:37:35 -0800
/ Author of the message: steelvest@hotmail.com |
Title of the message: |
Re: Type of Tenancy for Corporate Owned Real Estate
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Text of the message: |
You may want to ask your lawyer and accountant about using an LLC to give you some liability protection and so the income and tax benefits "flow thru" to you. Also, advoid prepinted broker's forms (which generally favor the Seller and NOT the Buyer.) SteelVest Marek Williams wrote: > On Mon, 14 Mar 2005 17:59:11 -0500, "John Boy" <johnboy@nospam.com> > dijo: > > >I'm buying property in the name of my C-Corp of which I am sole owner. I > >have a question about the type of tenancy which this falls under. On the > >contract there are choices for "Type of Tenancy or Estate" and those choices > >are: Sole Proprietor, Individual, Married, Common Tenants, Joint Tenants, or > >Other. What is the correct choice for the type of tenancy if this property > >is to be purchased by a C-Corporation? > > A corporation is a legal entity. Therefore, it will own the property |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.