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Updated over 5 years ago,
Purchasing Property Under Corporation
I am looking to purchase a multi family unit and I want to know if it is better to purchase through my business or to personally purchase. Of course when you purchase under a business such as a LLC you remove yourself as being liable but I want to know what the downfalls of purchasing under a LLC/Corporation are.
Also, Is there a difference in purchasing a multi family property under a S Corp versus a LLC? Which would be better to use for real estate?
Thanks!