Affordability
The decision to purchase a property with a company or as a private individual can also be made on the basis of the economic convenience of the operation. In fact, the circumstance for which each company has fixed management costs , such as bookkeeping, chamber of commerce rights, etc., which are not present as regards the natural person, should not be underestimated.
If the company is small and medium-sized, however, the costs are around 2,000.00 – 3,000.00 euros per year . Therefore, in the event that a company must be set up, it is necessary to have a profitability that allows, at least, to cover the fixed management costs, also by virtue of the disadvantageous tax legislation inherent to the so-called “shell companies”.
Real estate investment , like all investments, is subject to certain risks , but the investor could also risk losing his invested assets (perhaps in the event of insolvency in the presence of mortgage loans, personal creditors, etc.). For the need to protect the assets from personal attacks by third parties and to convey the proceeds deriving from the income generation of real estate , the option of setting up a real estate management company can be evaluated Fitler Square homes for sale.
Obviously, not every company that proceeds to purchase a property constitutes a management company. This was born with the purpose of protecting your real estate assets and to proceed with its management.
The real estate management company is a company whose purpose ( corporate object ) is to manage a real estate asset, through the purchase of:
Apartments/houses/villas and resale to the public;
Properties to renovate and resell;
Land on which to build and then resell;
Properties to be rented.
The corporate object is therefore the management of real estate assets.
Partnerships (simple partnership – ss, general partnership snc, limited partnership sas);
Joint- stock company (stock company – spa, limited partnership limited by shares – sapa, limited liability company srl).
The real estate holding company is an instrument through which to purchase property and manage the assets and the activities carried out with it. It has full legal capacity, this gives it the possibility of being the owner of any right or property. Furthermore, it can give several natural persons the possibility of associating their wealth to facilitate its administration.