What corporate entity is to best to hold real estate and why?

Question

What corporate entity is to best to hold real estate and why?

Answer 1

LLC (Limited Liability Corporation)  

-b/c it limits the amount of exposure you have.

This way if someone were to die or some terrible accident on your property then they couldn't sue you for everything you have.  (just the business could be sued)

It protects your personal assets

Answer 2

Depends on your goals and situations, especially your tax situation.

All "corporate" type entities will, to some extent, give you liability protection.  And as another poster said, you want that.

But you also want advantageous tax treatment.  And you didn't say how many investors there are.  If all investors want (and could benefit from) the real estate tax losses, then an LLC may make sense.  Otherwise a limited partnership, with a corporate general partner, may be a better choice.

You didn't provide enough facts to be given good advice.  You should consult an attorney or a tax accountant and provide them with more details.