{"id":21426,"date":"2023-11-25T10:27:57","date_gmt":"2023-11-25T08:27:57","guid":{"rendered":"https:\/\/invierteenlaflorida.es\/should-the-property-be-purchased-in-the-name-of-a-company-or-on-a-personal-basis\/"},"modified":"2024-08-20T09:41:30","modified_gmt":"2024-08-20T07:41:30","slug":"should-the-property-be-purchased-in-the-name-of-a-company-or-on-a-personal-basis","status":"publish","type":"post","link":"https:\/\/invierteenlaflorida.es\/en\/should-the-property-be-purchased-in-the-name-of-a-company-or-on-a-personal-basis\/","title":{"rendered":"Should the property be purchased in the name of a company or on a personal basis?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Your future taxes may be affected depending on whether you buy your new property with a company or you buy it as a personal property. A financial advisor or a lawyer can help you select the best option. This will depend on many factors such as the use you are going to give to the property. It is common to observe that the LLC (limited liability company) is the most used because:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>You avoid double taxation<\/li>\n\n\n\n<li>Protects the owner from possible lawsuits related to the property.<\/li>\n\n\n\n<li>Allows the deduction of expenses generated by the property.<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Now, is it appropriate to open an LLC for each property?<\/p>\n\n<p class=\"wp-block-paragraph\">If multiple properties are found to be purchased with a single LLC-type company, a single property could expose the others. The suggestion, decision and creation of an LLC is not difficult, however, it is preferable that it be done by qualified personnel because it is not an activity that a real estate agent is authorized to perform.<\/p>\n\n<p class=\"wp-block-paragraph\">Remember that Invest in Florida will help you with the entire purchase process while maintaining the confidentiality of your data.<\/p>\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your future taxes may be affected depending on whether you buy your new property with a company or you buy it as a personal property. A financial advisor or a lawyer can help you select the best option. This will depend on many factors such as the use you are going to give to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_joinchat":[],"footnotes":""},"categories":[114],"tags":[127,124,128,139],"class_list":["post-21426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en","tag-building-contracts","tag-la-florida-en","tag-new-developments","tag-purchase-of-property"],"_links":{"self":[{"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/posts\/21426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/comments?post=21426"}],"version-history":[{"count":3,"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/posts\/21426\/revisions"}],"predecessor-version":[{"id":21429,"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/posts\/21426\/revisions\/21429"}],"wp:attachment":[{"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/media?parent=21426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/categories?post=21426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/invierteenlaflorida.es\/en\/wp-json\/wp\/v2\/tags?post=21426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}