A manufacturing company leases its facility. It wants to buy a plant. The question is how to hold that facility to minimize liability to the company itself. Of all the options (trust, llc, corporation, etc), which is best?
The company is thinking of converting to a sub chapter S corp. How would that change the answer, if at all?
Do you know a FL treatise or article available online to resolve this question?
Asked on 8/13/13, 9:42 am
1 Answer from Attorneys
Byron Petersen
Byron G. Petersen P.A.
In the process of determining the manner of ownership best suited to reduce liability you may be hurting yourself tax-wise. You need to talk with a CPA.
Byron Petersen
Answered on 8/15/13, 9:49 am
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