Legal Question in Real Estate Law in Florida

I own a few rental properties and hear that incorporating was a smart thing to do. I wanted to know if I should incorporate and then do a LP for each rental property? would this make sense or is there a better way to set up rental properties.

As well whats the difference between a C and S Corporation and which would make more sense if I Incorporate?

I have also heard a lot about incorporating in Deleware, Nevada but I live in Florida and my properties are also located here so what would be best?

Thanks


Asked on 8/11/09, 5:12 pm

1 Answer from Attorneys
Sarah Grosse Sarah Grosse, Esquire

As a business person, you should make a smart business decision and retain counsel to advise you in these matters and structure your business entities appropriately.

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Answered on 8/12/09, 8:45 am


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