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Updated almost 3 years ago,
Using Business Revenue to invest in real estate
I am a complete beginner for real estate investing, but I have lots of interest in starting my path to financial freedom. I current work with my Father who also wants to invest in real estate and we have thought of the Idea of using some of his own companies extra revenue to invest in real estate. We would want to start a separate company to do the real estate investing but we wanted to see what others have done to achieve this. We are looking to avoid paying fees and taxes on transferring money to the new company so would we need to make the new company a sub-company to the one we have? (the reason for the separate company is because his current one is a Physical therapy clinic and we don't want all the eggs in one basket should something happen) I understand that this is a mix of legal and accounting type stuff but I'm looking to get pointed in the right direction!
Thank you in advance for any answers, any and all advice is welcome!