There are several legal business structures, so how do you select the best entity for your real estate venture in San Diego? Which business entity provides the most protection for each investor or owner or member or shareholder? How will the company transact business, and is the venture limited to a single transaction or will the entity purchase and hold multiple properties?
These are important questions to consider as you are deciding upon the entity for your real estate project. There are several options including:
- C-Corporation or S-Corporation
- Professional Corporations (Such as a Medical Practice Who Will Own Their Own Building)
Commercial and even residential real estate acquisitions in San Diego and across Southern California represent a substantial investment. They also carry a significant risk. Recent changes in the US tax code have made real estate investment a primary vehicle to offset or reduce income tax. Why do you need a business entity to separate your investments from your own personal assets? What are the protections of a corporate veil and how can the Watkins Firm help you to accomplish your goals while protecting everything you’ve worked so hard and long to build?
It is most important to work with the experienced San Diego real estate and business attorneys at the Watkins Firm who can guide you through the process of selecting the best entity for your real estate venture in San Diego. The Watkins Firm has decades of service to the San Diego real estate and business communities, and we will work with you to determine which entity is best for your unique circumstances. We will also help you to develop appropriate corporate documents to ensure smooth operations, and to plan for unexpected challenges down the road.
If you would like to learn more we invite you to contact us or call today for a free and substantive consultation at 858-535-1511.