Canadian Money Forum banner
1 - 2 of 2 Posts

·
Registered
Joined
·
546 Posts
It is a lot riskier to buy an ltd than the assets directly. You will be liable for any undisclosed, unforseen liabilities of that ltd.

Much better to set up your own ltd (although I don't think this is a good way to hold RE) and have your ltd buy the asset from the other ltd.
 

·
Registered
Joined
·
546 Posts
You chose to ignore my answer to your question so please, please go to someone whose advice you respect and get answers to the following questions.

Do the values on a company's Balance Sheet determine the price of the company's shares?
What does (accumulated) depreciation measure and how does it impact the value of the company?
What does the DfdTax measure and when will it be paid/received?
What is the income tax imposed on Ltds that hold realestate?
Will a lender give me a loan to buy ppty held within an Ltd?
Was Leslie correct about the undisclosed liability?
 
1 - 2 of 2 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top