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Keep land in personal name or business name?
Bought a piece of land in personal name and building an office building on it. The building is in my LLC S-corp but the land is still in my own name. I'm thinking for liability purposes to put the land in LLC too so it's not linked to my personal name. But I hear there's tax benefits to having the LLC pay rent to the landowner (me)?
What would be the pros/cons?
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‎January 31, 2023
4:54 PM