Despite the decline in residential real estate, the demand for
commercial real estate has remained fairly strong. But it will cost you
significantly less per square foot to buy business property than to
lease it. If you buy it you can set up an LLC. to hold the property, pay
rent to the LLC at the going rate, write off the maintenance costs and
mortgage interest, depreciate the property and break even with the LLC.
or possibly even have a loss. The tax benefits can be significant on
your personal tax return. An LLC is a Limited Liability Company, popular
because of the simplicity. The profits or losses flow directly to the
owner's personal tax return, and the owner has liability protection
(read more at irs.gov: Limited Liability Company, LLC).
his is my first time i visit here. I found so many entertaining stuff in your blog, especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the leisure here! Keep up the excellent work. biz buy sell
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