Holding Company

[Lawriegroup]

I would like to form a holding company and would like to know if better to do so as a C-Corp or LLC.
I will use this company to buy the shares in a rental property company in Canada
I will use this company to buy the shares in an Import/Export company that hasn't been formed yet.
I will use this company to buy/sell stock in other companies as it grows

Thanks very much for the help

 

[Michael Wechsler]

There are many reasons to use one entity over another. Unless there are specific reasons such as having more than 35 investors in your corporation or intent to potentially go public, there is usually little benefit in having a C corporation.