Real estate prices have cooled off in many parts of the country.

In some areas, values are actually dropping after reaching all-time highs in the middle of last year. Gasp!

Even so, real property is still probably a wise investment over the long haul. But what about taxes? That’s always a question, right?

For tax reasons, you are generally well advised not to hold real property in a corporation. LLCs and revocable trusts are usually better alternatives. But there’s one scenario where using an S corporation to own property can pay off tax-wise. We will explain. ... Log in to view full article.