Temple Rock Holdings

  • MA
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Offering

As a four-property fully tenanted investment package, each one bedroom home sits in one of three of the most coveted full service buildings in Boston Proper. Encompassing views of Downtown, Back Bay, and The Charles River, the Company for sale holds Trophy Assets between Midtown/Downtown Crossing, then across Boston Common and The Public Garden into Back Bay.

Benefits of a Guernsey/Jersey Limited Liability Company

A rare opportunity to purchase an established company which comes with the ownership of four prime homes in Boston Proper, with many options to build on to in the United States.

With the US Company and Guernsey/Jersey Company already established and vetted corporations which allow for growth, the purchaser of the Company receives, but is not limited to, the following benefits:

• No FIRPTA withholding - 15% of total sales price in the US whenever sold.

• No Inheritance Tax - 50% applicable for all non-US persons on the properties since they are not owned by a physical person, namely Walden Invesments LLC, which in turn is owned by Temple Rock Holdings.

• No leverage on any such properties or on the corporate parents which permits the buyer to apply any form of leverage structure to maximize return on investments.

• No Capital Gains Tax (20%) on the sale of the shares as opposed to the sale of the individual properties.

• All properties currently rented and have historically had an extremely low vacancy rate due to their prime locations and the nature of the luxury buildings they exist in.

• Existing corporate and banking set up, which to currently be duplicated, would likely require 6-8 months due to K.Y.C. and other restrictions on foreign ownership, creating bank accounts, and other procedural requirements.

• Current structure affords the purchaser to add on to current company as it stands, or create sub companies under the existing, with the same benefits mentioned above.

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Matt Cloutier |
The Cloutier Group

Vice President, Compass

(617) 827-1512
[email protected]

126 Newbury Street Floor Six
Boston MA 02116

90 Fifth Avenue Floor Three
New York, NY 10011