If your business is incorporated, it is often a good idea for to own the business real estate through an LLC and lease it to your corporation. This avoids a double tax to the seller upon sale of the real estate. There are a number of other tax and nontax concerns relating to real estate ownership. For the income tax considerations, see us before you acquire new business property or before you change the ownership of property you already have.
Tags: corporate real estate
Written by: Doug Rodrigues