- Joined
- Dec 6, 2007
- Messages
- 33
Hi,
I guess I have a pretty strange question: I own a corporation (Ltd) in BC that used to own a restaurant and after selling all of my assets, I have now a pretty big loss of $150K with this company. I am planning on buying real estate investment within the next 6 months (used to be a REIN member for 4 years). Based on my company loss, would it be beneficial for me to buy real estate inside my corporation? (I will have to change my corp articles)
Thanks for any input!
Eric
I guess I have a pretty strange question: I own a corporation (Ltd) in BC that used to own a restaurant and after selling all of my assets, I have now a pretty big loss of $150K with this company. I am planning on buying real estate investment within the next 6 months (used to be a REIN member for 4 years). Based on my company loss, would it be beneficial for me to buy real estate inside my corporation? (I will have to change my corp articles)
Thanks for any input!
Eric