Question:Who actually owns the property of a corporation?

Who actually owns the property of a corporation?

A corporation is an artificial person that is created by governmental action.  The corporation exists in the eyes of the law as a person, separate and distinct from the persons who own the corporation (stockholders).  This means that the pr...

Can Foreign Individuals and Corporations own property?

Either, on Dutch St. Maarten quite often Corporations are used to hold property for tax structuring purposes as well as ease of transfer. On French St. Martin a corporation may also hold property but the tax and transfer advantages are less...

Can 'S' or 'C' corporations own & manage rental properties ??

You can own and manage real estate in a corporate entity. However, C-corporations do not get the benefit of capital gains, and there is a definite double taxation should the corporation end. In general it is not recommended to put real esta...

How is the Hunte corporation any better than a puppy mill?

Q: I've been researching the Hunte Corporation for a paper I'm doing in one of my classes, and while it's true that they don't do their own breeding, they purchase near a 1000 puppies a week then transport them out within 5 days to pet stores nationwide. They offer bonuses to truckers who return with "empty trailers" whether all the puppies in the trailer were actually purchased by pet stores or not- meaning the truckers are paid extra to dispose of "unwanted goods." Last year, they got a USDA violation for a mass grave of older puppies being on their property within city limits- more unwanted goods, do you think? They allow underbites of up to 1/4" on their puppies, promote "designer puppy" breeding, and will NOT restrict any AKC papers they sell to only pet quality. So, Hunte supporters, how are they ANY BETTER than the nasty breeders they MUST be buying from to get away with what they do?

A: You've got it -- they aren't.In fact, I'd go so far as to say they are an abomination.