What is the best way to choose a form of ownership?

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Kimberly Taylor, I am here to observe while obtaining my license. (None)

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Rainmaker
6,968,613

Roy Kelley

Retired - Gaithersburg, MD

Get legal advice.

Oct 26, 2016 09:14 PM

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Nina Hollander, Broker

Charlotte, NC
Tony and Suzanne Marri...

Scottsdale, AZ

Rainmaker
1,466,027

Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

Kimberly Taylor The best way is to have your client discuss it with a real estate attorney.

Oct 26, 2016 06:20 AM

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2

Richard Weeks

Dallas, TX
Nina Hollander, Broker

Charlotte, NC

Rainmaker
4,435,346

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

Ask an attorney.

Oct 26, 2016 11:38 PM

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1

Richard Weeks

Dallas, TX

Rainmaker
4,511,808

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

Consult a real estate attorney and be honest!

Oct 26, 2016 11:34 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
4,303,179

Richard Weeks

Dallas, TX

REALTOR®, Broker

By talking to a real estate attorney.

Oct 26, 2016 10:25 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
4,433,809

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Legal advice.

Oct 26, 2016 10:13 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
3,070,784

Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Haven Express @ Keller Williams Arizona Realty

Roy Kelley nailed this one!

Oct 26, 2016 09:58 PM

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1

Nina Hollander, Broker

Charlotte, NC

Ambassador
3,724,077

Patricia Kennedy

RLAH Real Estate - Washington, DC

Home in the Capital

Consulting a real estate attorney.

Oct 26, 2016 01:46 PM

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1

Nina Hollander, Broker

Charlotte, NC

Ambassador
2,605,038

Fred Griffin Florida Real Estate

Fred Griffin Real Estate - Tallahassee, FL

Licensed Florida Real Estate Broker

See a real estate attorney or title attorney.

Oct 26, 2016 12:18 PM

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1

Nina Hollander, Broker

Charlotte, NC

Ambassador
5,701,526

Bob Crane

Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI

Forestland Experts! 715-204-9671

Only you can answer that one, need to learn the laws and decide what fits your situation.

Oct 26, 2016 12:07 PM

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1

Richard Weeks

Dallas, TX

Rainmaker
2,224,167

Debbie Laity

Cedaredge Land Company - Cedaredge, CO

Your Real Estate Resource for Delta County, CO

That is completely up to the buyer. If they have questions or concerns they should speak with an attorney.

Oct 26, 2016 08:57 AM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
868,248

Jeff Pearl

RE/MAX Distinctive / LIC in VA - Lovettsville, VA

Full Service Full Time Realtor

Check with CPA and title attorney

Oct 26, 2016 08:08 AM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
3,986,000

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

Depends on your personal situation

Oct 26, 2016 07:52 AM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
1,027,535

Susan Haughton

Long and Foster REALTORS (703) 470-4545 - Alexandria, VA

Susan & Mindy Team...Honesty. Integrity. Results.

Different situations demand different forms of ownership; I would suggest consulting with a tax attorney or one's financial planner.

Oct 26, 2016 07:24 AM

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1

Nina Hollander, Broker

Charlotte, NC

Ambassador
1,876,241

Carol Williams

Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA

Retired Agent / Broker / Property Manager

A consultation with a real estate attorney and tax accountant.

Oct 26, 2016 06:42 AM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
4,799,701

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

An attorney is the best one to talk to about this.

Nov 01, 2016 12:04 AM

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Rainmaker
1,157,535

FN LN

Toronto, ON

See my previous answers to this question when posed previously by other AR members.

Oct 27, 2016 09:06 PM

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Rainmaker
2,008,452

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

ask the title attorney

Oct 27, 2016 12:48 PM

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Rainmaker
1,425,250

Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

To consult with one's tax guy and legal guy.

Oct 27, 2016 09:09 AM

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Ambassador
4,316,065

Praful Thakkar

LAER Realty Partners - Andover, MA

Andover, MA: Andover Luxury Homes For Sale

Kimberly Taylor - share it with your clients and let them decide what is best for them.

Oct 26, 2016 03:32 PM

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Ambassador
4,512,977

Debe Maxwell, CRS

www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC

The right Charlotte REALTOR!

Speak with an attorney.

Oct 26, 2016 08:51 AM

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Ambassador
1,616,454

Harry F. D'Elia III

RentVest - Phoenix, AZ

Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

That would be discussed with escrow agent

Oct 26, 2016 08:33 AM

Upvote

Rainmaker
2,051,705

Michael J. Perry

KW Elite - Lancaster, PA

Lancaster, PA Relo Specialist

Ask your CPA

Oct 26, 2016 07:52 AM

Upvote

Rainmaker
2,684,202

Richie Alan Naggar

people first...then business Ran Right Realty - Riverside, CA

agent & author

Each choice has its own dynamics that need to be explored before hand with a CPA or Attorney as consequences usually service in those two realms

Oct 26, 2016 07:39 AM

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Rainmaker
687,873

Tony Lewis

Summit Real Estate Group - Valencia, CA

Summit Real Estate Group Valencia & Aliso Viejo

By consulting an attorney.

Oct 26, 2016 06:30 AM

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Rainmaker
5,579,354

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

the only way to choose a form of ownership is with the guidance of a real estate attorney....

Oct 26, 2016 06:21 AM

Upvote

Rainmaker
914,708

Annette Lawrence , Palm Harbor, FL 727-420-4041

ReMax Realtec Group - Palm Harbor, FL

Making FLORIDA Real Estate EZ

One's situation, objectives and the law of the land will dictate the best form of ownership.

Oct 26, 2016 06:20 AM

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Kimberly Taylor The best way is to have your client discuss it with a real estate attorney.
Only you can answer that one, need to learn the laws and decide what fits your situation.
That is completely up to the buyer. If they have questions or concerns they should speak with an attorney.
Different situations demand different forms of ownership; I would suggest consulting with a tax attorney or one's financial planner.
A consultation with a real estate attorney and tax accountant.
See my previous answers to this question when posed previously by other AR members.
Kimberly Taylor - share it with your clients and let them decide what is best for them.
Each choice has its own dynamics that need to be explored before hand with a CPA or Attorney as consequences usually service in those two realms
the only way to choose a form of ownership is with the guidance of a real estate attorney....
One's situation, objectives and the law of the land will dictate the best form of ownership.