Real estate transactions can be formalized in different forms, as an individual or through the formation of a legal entity to acquire one or more properties which could include the acquisition an existing entity with the purpose of controlling its real estate assets.
However, one option or the other depends on multiple factors; if you are purchasing residential or commercial real estate, the amount of properties to be acquired, the purpose of the acquisition, among others.
Planning is most important, not only when your purchasing, but as well visualizing the possible sale in the future. How you purchase today will impact the procedure and tax implications when your sale. Title Solutions will analyze the transaction and advice of the most practical and cost-effective procedure.