Purchasing commercial property

You should not purchase commercial real estate without having a competent real estate attorney as part of your team.  There are numerous additional factors in a commercial purchase that need to be addressed. As to your specific question, it is advantageous from a liability standpoint to have the real estate titled in the name of a different entity than your publishing business. However, the publishing business would need to pay rent to the owning entity and sales tax on that rent would need to be paid.  Since you are renting out part of the space anyway, your overall situation should be analyzed with your real estate attorney to determine whether this is a prudent expense. The foregoing is specific to the law and procedure in Florida.  This response does not constitute legal advice as the facts presented are limited and unstated facts will likely impact your particular situation. This response is intended for general education only and does not create an attorney-client relationship. Please schedule a consultation with a local attorney for more specific and detailed answers to your legal issues.