Entity Ownership of Real Estate: Types, Pros & Cons

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

How are limited liability company profits taxed?

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1. Which of the following is the simplest business entity to create?

2. How are REIT dividends taxed?

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About This Quiz & Worksheet

Use the worksheet and attached quiz to determine how much you know about entity ownership of real estate. You'll need to know things like how limited liability company profits are taxed and what is the simplest business entity to create.

Quiz & Worksheet Goals

Find out how well you know how to:

  • Explain how REIT dividends are taxed
  • Recognize a structure of business that does not require registration with the state
  • Assess the requirements for a limited partnership

Skills Practiced

Practice the following skills for studying:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on entity ownership of real estate
  • Critical thinking - apply relevant concepts to examine information about the requirements for a limited partnership in a different light
  • Interpreting information - verify that you can read information regarding how REIT dividends are taxed and interpret it correctly
  • Information recall - access the knowledge you've gained regarding the simplest business entity to create

Additional Learning

Review this lesson to learn more about business ownership. The lesson is called Entity Ownership of Real Estate: Types, Pros & Cons and it will cover the following study goals:

  • Identify property ownership forms
  • Explain ownership in severalty
  • Define real estate syndicate
  • Assess business structures for holding real estate
  • Understand what a C corp is and compare it so an S corp
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