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My wife’s family did this also. They owned the buildings and leased them back to the company. It saved their butts when a partner they took on tried to take ov
by convivialdingo 8y ago
My wife’s family did this also. They owned the buildings and leased them back to the company.
It saved their butts when a partner they took on tried to take over their very valuable company.
I don’t see the problem unless there’s obvious overpricing, corruption, or failures to disclose. At some point it makes better sense to put property under a holding company or similar.