What are the advantages of having a corporation owning my property?
It s mainly done for personal liability in case of accidents and being sued by third parties. You can also bequeath the property to anyone without transferring title, so there are almost no costs involved. You may be able to realize tax advantages using this method. You can also resell without transferring title with almost zero costs. You can hide behind the corporate name, having other people in the board of directors and you being sole owner of the shares without being registered. If you have an IRA in the U.S., you can have the IRA own the shares and take shares out every year without touching money.
