
2002-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Real Estate Investing and its Disadvantages for Corporations
The speakers discuss the disadvantages of investing in real estate as a corporation taxed under chapter C of the internal revenue code. They explain that real estate tends to be a poor investment for corporations due to the layer of corporate taxes. They mention their lack of special competence in real estate and the competition from individuals, partnerships, and entities with better tax structures.
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