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Buying a property

(Querist) 04 November 2012 This query is : Resolved 
I am trying to buy a rented property of approximate Rs. 5 crores with bank loan for future rental income and property appreciation. Considering that we have to take a loan and good income might be generated in future by way of rent and property appreciation capital gain, should this property be brought in personal name or limited liability partnership or private limited. Let me know the advantages and disadvantages associated with it and the reasons thereof
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Devajyoti Barman (Expert) 04 November 2012
Commercial query.
Please engage an advocate.
nupur agarwal (Querist) 04 November 2012
i want opinion on this and the advantages and disadvantages associated with it
ajay sethi (Expert) 04 November 2012
you are buying a property worth 6 crores . it woukld be prudent to consult a lawyer and pay his legal fees .

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