WE'VE MOVED!

We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
Options

LLC and S-corp

hippiehippie subscriber Posts: 1
edited September 2006 in Strategies & Tactics for Getting Efficient
I just opened both an LLC and a S-corp, I am purchasing a warehouse and heard it would be a good idea for the LLC to purchase the warehouse and lease it to the S-corp, thus the S-corp would have the lease write off for an infinite amount of time rather than amortization and depreciation over a set period of time, it also protects the warehouse from any liens against the S-Corp.
· Share on FacebookShare on Twitter Share on Google+
Sign In or Register to comment.