REIT Vs. Corp.

General Real Estate Investing
1

I know for a REIT you have to have a 3mill. dollar investment and a hundred members do you have to have the same if you start an investment business as a corp and then just split the rent and when the market picks up sell everything and split the profit

2

Corp is not pass through. Corp pays taxes on profits. Any cash given to owners are dividends and subject to tax. Corps are not a great way to hold property unless you want extensive benefits programs.

3

“split the profit” sounds like you want a partnership arrangement, not a corp.

I would suggest LLC taxed as partnership or taxed as S-corp.

4

I concur. What you’re talking about is best in an LLC or LP arrangement.

5

Thank you all