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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Sun, 24 Apr 2005 18:04:46 -0500
/ Author of the message: "John A. Weeks III" |
Title of the message: |
Re: Real Estate Investing
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Text of the message: |
In article <1114381441.252160.236620@o13g2000cwo.googlegroups.com>, ccolaso@gmail.com wrote: > I will open 2 companies (LLCs). The first company will buy real estate > and second company will mange the properties i.e. collecting rents and > marketing my real estates etc. Even though I have this plan but have > few questions also and those questions are: > > Q. What is the right type of entity/company for owning real estate? > Which can give me more tax breaks. It depends on your goals and personal situation. You likely need to see a CPA and/or tax accountant to learn the details for your specific situation. You will also want to see a real estate attorney to learn more about the protections and risks of each kind of company. > Q. Can I rent one of the real estate, which is bought by my first > company and rent to me by my second company (real estate management > company)? Is this is doable? Sure, no problem. |
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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.