These deals are actually very similar to what the company i work for does.We buy Office and Warehouse buildings and our equity partner was Lehman.Ex.We buy a 15 M building.

The study by the Government Accountability Office, expected to be released Tuesday, said about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes over the same period.

Many great posts and links to terrific resources are found here.I know a few investors that started as police officers.

The CW loan officer told me they just don't want those low amount loans.

The Housing and Economic Recovery Act of 2008 includes a provision that modifies Section 121 of the Internal Revenue Code, which is often referred to as the 121 exclusion.

You or the corp pay taxes on income, not revenue.

If the cost to bring the utilities to the site is less than the revenue they will collect then there is no cost to you.

Is this procedure generally done with "special funding" outside the office?

I would check with a local bank loan officer as they usually can do a construction loan and the long term financing.

You will have to support that building out of your own pocket while you are renovating and while you are finding tenants to fill it.I suggest that you do not pay utilities, so if utilities are not separated, figure the cost of doing so into your expenses before you decide what you want to offer.You should be able to get a close estimate of taxes from the assessor's office-- taxes will go up when you purchase, but taxes are usually a % of assessed value, so not hard to figure.I suggest you check with the local fire marshall to see if the building needs to be brought up to code.