Which entity is best for a San Diego real estate business? There are several legal business structures here in California, so how do you select the best entity for your real estate venture in San Diego? Which business entity provides the most protection for each investor or owner or member or shareholder?
The Process of Selecting the Right Corporate Entity
How do you know which legal entity is best for the specific real estate project(s) you intend to bring to life? How will the company transact business, and is the venture limited to a single transaction or will the entity purchase and hold multiple properties?
These are important questions to consider as you are deciding upon the entity for your real estate project. There are several options including:
- LLC
- C-Corporation or S-Corporation
- LLP
- Management Services Organizations or MSOs (Such as a Medical Practice Who Will Own Their Own Building or partner with outside investors on the business side of operations)
Commercial and even residential real estate acquisitions in San Diego and across Southern California represent a substantial investment. They also carry a significant risk. Recent changes in the US tax code have made real estate investment a primary vehicle to offset or reduce income tax. Why do you need a business entity to separate your investments from your own personal assets? What are the protections of a corporate veil and how can the Watkins Firm help you to accomplish your goals while protecting everything you’ve worked so hard and long to build?
How Will You Know Which Entity is Best for Your San Diego Real Estate Business?
How will you know which entity is best for your San Diego real estate business? It is most important to work with the experienced San Diego real estate and business attorneys at the Watkins Firm who can guide you through the process of selecting the best entity for your real estate venture in San Diego.
How will you attract and protect investors. The nature of funding your projects may have a substantial impact on your ability to bring in initial and new investors. Many well-intentioned real estate entrepreneurs have found themselves on the wrong side of powerful federal and state laws that govern securities and investment. You need sound advice and counsel from experienced attorneys who have decades of experience in every form of real estate project or venture.
The Watkins Firm has more than 40 years of service to the San Diego real estate and business communities, and we will work with you to determine which entity is best for your unique circumstances. We will also help you to develop appropriate corporate documents to ensure smooth operations, and to plan for unexpected challenges down the road.
If you would like to learn more
we invite you to review our podcast Episode 8 – Real Estate Law as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
