How to Select an Entity for Real Estate (in Florida)

There are a number of factors to consider when considering which entity to form to take possession of real estate in Florida.

  1. Degree of Risk The degree of risk and limitation on liability taking into consideration whether personal guarantees will be required for financing.
  2. Term What is the contemplated term of the project
  3. Effect of Death What will be the effect of death, disability, or divorce of any of the principals?
  4. Number of Investors What is the contemplated number of investors
  5. Management What is the contemplated management structure

 

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