Question: Does anyone have a holding company in their business, if so why? How does it benefit you dealing with your assets and does it help when it comes to taxes as far as filing?

Question: Does anyone have a holding company in their business, if so why? How does it benefit you dealing with your assets and does it help when it comes to taxes as far as filing?


Scott L Moyes: For the last 25 years I’ve preferred to hold all properties on their own individual land trusts

Quinn Gardner: I have one, for personal privacy and security. I also like the extra layer of protection with assets. You do get some tax benefits, you better find a good accountant

Randall Lee Noblitt II’nd: .

Jim Ingersoll: Talk to your CPA about an LLC. For holding property you can tax is as a c-corp and there are plenty of tax strategies to associate with it but you should start with your CPA for all tax advise.

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