3 ms·Yeah, it's very dumb to own real estate like this directly for a c-corpby barchar 10mo agoYeah, it's very dumb to own real estate like this directly for a c-corphrimfaxi 10mo agoIs it dumb for tax reasons?barchar 10mo agoYes. 21% CIT + 15-20% LTCG for the owners. RE throws off much income. It's also difficult to transfer the RE to another entity without realizing gains.