It was not too long ago reported in Korean media that actress Kim Ji Won has bought a constructing in Gangnam, Seoul, for ₩6.30 billion KRW (about $4.57 million USD). The information was confirmed by the deputy supervisor of an actual property brokerage. They claimed that she had signed the contract for buy in June 2021.
The constructing has one basement flooring and 5 flooring above the bottom, and it at a major location, only a few minutes away from Gangnam-Gu Office Station. The space is crammed with high-quality leases and actual property.
Upon cautious digging, netizens discovered that the constructing was bought beneath the identify “Jiwon Entertainment Co, Ltd.” Kim Ji Won is listed because the consultant and solely employees beneath the corporate. Netizens then started accusing her of establishing a paper firm to make the actual property buy. This is a route many celebrities take for a number of causes. Two of the biggest causes is that they’ll take out a enterprise mortgage as an alternative of a private one, and in addition to keep away from private property taxes.
It was reported that Kim Ji Won’s estimated mortgage was 55% of the acquisition value. Four of the six flooring are rented out for the time being.
- Huh, isn’t Kim Jiwon beneath High Zium?
- Feels like a paper firm to keep away from taxes.
- Huh, appears it’s true that celebrities actually earn quite a bit.
- No, however she purchased it beneath the identify of her personal one-man firm LOL. And it’s at present getting used. Seems like most individuals assume that whether it is bought commercially, it’s for funding functions.
- She’s wealthy.
- She purchased it commercially, however individuals are like “I’m jealous” LOL.
- Buildings are the very best.
Although Kim Ji Won bought it by an organization arrange for herself, by herself, many appear to be prepared to miss it in comparison with different superstar instances. Most of the time, celebrities are referred to as out for taking part in hypothesis or futures funding. In Kim Ji Won’s case, though she made the acquisition by a paper firm, the constructing is at present being utilized by renters and her personal firm. Still, others criticize her for making the business buy.
There are many instances of celebrities creating paper corporations for actual property investments. Previously, SEVENTEEN’s DK obtained criticism for doing the identical.
SEVENTEEN’s DK Purchases A ₩6.8 Billion KRW Building In Luxurious Sinsa-Dong
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Source: www.koreaboo.com