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Updated about 19 years ago on . Most recent reply

User Stats

29
Posts
5
Votes
Darius M.
  • Rental Property Investor
  • Chicago, IL
5
Votes |
29
Posts

Transferring assets to corporation.

Darius M.
  • Rental Property Investor
  • Chicago, IL
Posted

Me and couple of my buddies started an S corporation, in which our primary business would be real estate. So far, we have managed to purchase two properties. These properties were purchased using the credit history of individuals members.

My first question is: How can we purchase property using the corporation?

Also: How can we transfer the assets we have acquired to the corporation?

Any suggestion would be greatly appreciated.

  • Darius M.
  • Loading replies...