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lifelover

Buying Property As Business Entity

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Has anyone here bought a property as a business entity? There are some tax incentives I understand

by Puglia tourism and the EU for renovation of properties to be used for tourism.

 

I would like to hear some pros and cons of the tax issues if anyone has done this already. Buying as private person vs buying as business entity.

 

thanks!

 

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The implications that affect your circumstances as a US citizen are slightly different to many UK members on here Lifelover.

You already have been given some links, information and views to your enquiries from other US citizens that frequent other forums. It appears that in the main, for real benefits you are talking of pretty large investment in lower Salento, with which we are less familiar. There are notable names in the public eye that may be willing to share their experiences but you would need to arrange that privately or you could speak with professionals in the industry that are US citizens or have assisted them - such as tax & legal experts and some of the better known real estate agencies previously mentioned here.

Am sure if members (some have property to sell) see this post they may well get in touch directly.

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Hello, I have been attending a number of conferences in Martina Franca held by M&D group that may be of interest to you.

 

There is a guy called Maurizio, I just need to find his number again and he deals with tourism incentives.

 

Martina are also working on a project to open up the areas towards Noce and Alberobello, to encourage investment. This means that extending limits will be increased and the speed at which it will be done will increase through the various councils.

 

If I hear of a new conference I will let you know.

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HI. I am doing a search through old links looking for information regarding incentives and came upon your post. If possible please could you send your contacts details to me please. thanks Craig 

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