text: 3 companies coming together to buy a warehouse? how would 3 separate companies come together to buy a warehouse? we have a chance to buy a property 3x's the size my company needs. we have a relationship with 2 other companies wanting to purchase a warehouse. would the 3 of us need to make a separate company to purchase the warehouse? and the orginal 3 companies pay rent to the newly formed company ?   thanks an ideal situation would be to have have seperate corporation formed (newco) where the 3 original companies have exactly 1/3 ownership.  the 3 companies then sign leases with newco for the square footage they need and pay based on the lease.  from a tax standpoint, newco would be losing money because of depreciation, and the 3 amigo's would take the lease payment as an expense.  tax deferral at it's best!  of course from the corp standpoint, make sure that each company own's 1/3 and it's board has 3 seats, one from each.  the best form might be a llp.   a taxman or lawman can help decide the best legal form.