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Updated over 5 years ago,

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Evan Frace
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First Commercial Property

Evan Frace
Posted

Hi! My wife and I are both self employed and have separate S-Corps. We are looking for a commercial property to buy for both of our businesses to use. We have set up a separate LLC to purchase a property. Questions: do we pay rent to the new LLC and how much do we pay? Is having a separate LLC from our S-corps the way to buy it our should we buy it as one of the S-corps? I am very new to this and am not even sure I am asking the right questions. Any help would be appreciated. Thanks!

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