Is it dumb for tax reasons?
Yes. 21% CIT + 15-20% LTCG for the owners.
RE throws off much income.
It's also difficult to transfer the RE to another entity without realizing gains.
alt Hacker News
Yes. 21% CIT + 15-20% LTCG for the owners.
RE throws off much income.
It's also difficult to transfer the RE to another entity without realizing gains.