"c" Corp Owner Real Estate
where do you find "c" corp owned property with 51% of assests are real estate can you find them online
where do you find "c" corp owned property with 51% of assests are real estate can you find them online
No.
[addsig]
where is the best place i can find them thanks
Knock on Corporate doors and ask to see their tax returns, I guess.
Does anyone have a better answer?
I wonder if its possible to have a title rep do a report of property in a certain zip code or area that holds ownership with a corporation in title. There is no way to screen "S" corps vs. "C" corps this way but it gets you in the ballpark.
I am just curious what your ultimate goal is?
i have a buyer who is buying "s" and "c" corp owned properties i have some now but want to keep up inventory
you have to go to Depart of Corporation in your state... you can find info about CEO, president, VP, etc.... whoever you need to talk to
if it is a privately held corp, there is no way to see the books.
If you know that Lambda Consulting is a Corp, you can then search for all RE that it own, but you have no way of knowing what percentage that is.
thanks for all of your help I can use it this is a rough road
I think it has something to do w/ the way depreciation is account for in a corp.
There was someone shopping ****This URL Not allowed**** for this.
The depreciation life is the same whether in a corp. or out. Code 168 governs depreciation. Losses are passive if it is a closely held corp., just like with an individual.[ Edited by finniganps on Date 12/05/2007 ]
I have purchased assets from Corporations, and often the price is determined by "What is our Book Value on that asset?".
Perhaps the the writer is targeting Corp-owned properties to try to buy at or near depreciated book value rather than negotiating from a present value standpoint.
Not a bad plan, huh?
[addsig]
I see what you mean- we had a friend that bought Boulder hill property from a corp for something like 10K. - it must be worth millions- sounds like quite a coup.
Where in the midwest?
Detroit would be different to me than KY or TN.
The credit worthiness and options of the lease (can you negotiate them now) see to be a key issue.
I just saw some commercial/industrial in S.E. michigan, in the auto industry which I typically would avoid, but was a long term lease, and gauranteed buy the credt rated German parant company.
Citybuilder, I work the southern california market. Let me know if you need any help.
The max LTV would be 75% of appraisal or sales price. However, it could be 90% CLTV with a seller second. Lenders want cash flow as the leases will be assigned. How strong is your credit?
The max LTV would be 75% of appraisal or sales price. However, it could be 90% CLTV with a seller second. Lenders want cash flow as the leases will be assigned. How strong is your credit?
Scott;
I am sure you have done your homework, but buying a store of this size has a bucketload of cashflow issues if you are trying to operate it as a stand-alone business. The size will not carry typical e xpenses, such as a manager. If it is 1/2 occupied, how is it managed? If there is no manager, that could answer the question. The location may be the issue. You can solve the manager problem with money, but it may be a bit more difficult to solve a location problem. If you need professional advice, feel free to seek our services. RK
**Please See My Profile**
if it is owner operated, have you looked at SBA money?