Legal Question in Business Law in Florida
A manufacturing company leases its facility. It wants to buy a plant. The question is how to hold that facility to minimize liability to the company itself. Of all the options (trust, llc, corporation, etc), which is best?
The company is thinking of converting to a sub chapter S corp. How would that change the answer, if at all?
Do you know a FL treatise or article available online to resolve this question?
Asked on 8/13/13, 9:42 am
1 Answer from Attorneys
Byron Petersen
Byron G. Petersen P.A.
In the process of determining the manner of ownership best suited to reduce liability you may be hurting yourself tax-wise. You need to talk with a CPA.
Byron Petersen
Answered on 8/15/13, 9:49 am
Related Questions & Answers
-
I took a job with a consultant group that does foreclosure rescue in palm beach... Asked 8/08/13, 3:44 pm in United States Florida Business Law
-
How do I make my Florida UCC-1 secured party filing legally effective? Asked 8/05/13, 11:42 am in United States Florida Business Law
-
Hello. I opened a business with a Fictitious Name. I will like to know in case of a... Asked 7/08/13, 11:57 am in United States Florida Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
