Here is an infographic (fancy word for 'chart') we had put together a little while ago. We just came across it again and wanted to share it since so many people have questions around this topic.
Corporations have played a big role for us while we continued to acquire different properties.
There are a number of reasons you may want to use them but the two primary ones we've seen are liability protection, and favourable tax strategies.
It's hard to fit all the details on one page but this gives you a nice overview.
Obviously we recommend sitting down with a good real estate accountant to discuss these strategies or any other ones that may work for your specific situation.
But depending on what you plan to do with your investing over the long term, using corporations for your real estate investing could be a profitable decision and provide some security too.
If you'd like to download the image you can right click on it and save it to your computer.
Until next time.....Your Life. Your Terms.