Possible for corporation to own both commercial land and commercial real estate?
 Planning to buy commercial real estate (that is generation profit) and commercial land (nothing built on it, yet) - What are the best ways to make both these purchases if they are close to each other and plans are to eventually sell the commercial land in a few years?

How would you do it?
[{"id": "fyzjnmz", "text": "What makes you think you can't just buy both in the name of the corporation?", "replies": [{"id": "fyzjzz3", "text": "I just wanted the most bang for my buck, especially since I plan to sell the commercial land. Not sure if it would make a difference owning it under the same corporation", "replies": [], "depth": 2}], "depth": 1}, {"id": "fyznn3t", "text": "Depends on the jurisdiction. Typically see an LLC here in the US. \n\nBest thing you can do is hire an attorney that specializes in real estate. Where I am at, it is possible to have a special real estate designation offered through the State Bar. I recommend talking to 3 - 5. Do not get a generalist attorney. If you are in a small market go to the closest big market and get it done right.\n\nRecommend you speak to your CPA and financial planner as well to plot out the tax savings possibilities", "replies": [], "depth": 1}, {"id": "fz32xyl", "text": "The corporation itself can pretty much own, buy, sell, rent as much real estate as you want. The lending may get sticky and many commercial lenders require a single purpose entity that holds title for each individual property. In that case your corp would own and manage each of those entities that hold title.\n\nAlso if you wrap multiple properties under one loan you'll want a provision that, upon sale of one property, allows for a collateral release but keeps the loan on the remains property intact.", "replies": [], "depth": 1}]