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Comment by barchar

3 months ago

Yeah, it's very dumb to own real estate like this directly for a c-corp

2 comments

barchar

Reply

hrimfaxi  3 months ago

Is it dumb for tax reasons?

  • barchar  3 months ago

    Yes. 21% CIT + 15-20% LTCG for the owners.

    RE throws off much income.

    It's also difficult to transfer the RE to another entity without realizing gains.

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