Individual or Legal Entity

Personal or Legal

In the United States, you can buy real estate in either an individual or a corporation name. The main reason to use a legal entity is to avoid the minimum tax rate of 40% that applies in the event of the death of the owner, when the property is passed on to heirs.

Buying through a company can be a perfectly legal solution for this type of situation. In this case, the company's shares are automatically passed on to the heirs and they become the owners of the property, with no surcharge required.

Look for an investment professional or a good realtor to make the best decision.

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