Which form of ownership may be viewed unfavorably for use in real estate investment due to the personal liability associated with this approach?
A)General partnership
B)Limited partnership
C)Sole proprietorship
D)C Corp

Question

Quizplus · Accepted Answer

Sole proprietorship is the form of ownership that may be viewed unfavorably for use in real estate investment due to the personal liability associated with this approach. In a sole proprietorship, the owner is personally liable for all the debts and obligations of the business. Real estate investing involves significant risks, and if something goes wrong, the sole proprietor's personal assets are at risk. Therefore, it is not the best choice for real estate investment.

Which Form of Ownership May Be Viewed Unfavorably for Use