Tax Strategies for Short Term Rentals; Common Legal Disputes Involving Construction Agreements; What are the Different Ways to Hold Title to Real Estate in Arizona?
Legal Update
Tax Strategies for Short Term Rentals
By: Christopher J. Charles
In many cases, a simple business decision concerning the corporate structure of the holding company for short term rentals can result in substantial tax savings for the owner. Most investors understand the benefits of owning rental properties in a single asset entity such as a limited liability company. But many investors do not fully appreciate critical difference between a C corporation or an S corporation, and most investors elect to organize their company with the Subchapter C election.
What are the Different Ways to Hold Title to Real Estate in Arizona?
By: Christopher J. Charles, Esq.
When multiple parties purchase or otherwise obtain title to real estate, the joint owners can hold title to that real estate in different ways. The differences between how persons hold title to real estate are important. For instance, the type of title can determine how easily one person can sell their share of the real estate and what happens to their share of the real estate when they pass away. If you are unsure about how to take title to real estate in your situation, you should contact an Arizona real estate lawyer for advice.
Common Legal Disputes Involving Construction Agreements
By: Christopher J. Charles, Esq.
Buying and selling real estate, whether commercial or residential, often involves construction agreements. Particularly in the case of commercial real estate, construction is often necessary to transform the property into the desired space for one or more businesses. However, construction disputes can result from the construction process, often involving many parties and significant sums of money. A real estate attorney at Provident Law can represent your interests and assist you in preventing and resolving construction agreement disputes as they arise.
