| Is it ok to use S-corp to hold rental property Hello,
I have an S-corp which holds 2 rental properties. I am the sole officer and shareholder. I made it an S-corp to be able to limit liability to just the S-corp.
I intend to hold the properties for long term and eventually give them to my kids. How do I do that with minimal tax impact for them?
Can I grant them shares in my S-corp now, or do that later? Or is this dictated in an estate plan?
Is it better to own the properties in my personal name and let them inherit? |