Buying in Your Name VS. Buying Through a Company
In the U.S., the key difference between buying under a personal name and a company name lies in ownership structure and liability. Under a personal name, the property is owned by the individual. Under a company name, the property is owned by the company.
Three Common Company Structures for Real Estate Investment
1. Corporation
Owned by multiple shareholders, each liable only for their shares. This structure may result in double taxation.
Partnership
Requires at least one general partner and one limited partner. The general partner has full liability, while limited partners have liability limited to their investment.
3. Limited Liability Company (LLC)
All members have liability limited to their investment amount, and it generally avoids double taxation.
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