I am planning on buying a piece of real estate next two weeks. It will be property I plan to resell for a profit within 1-2 years. I will buy it in a corporation for tax and liability reasons. I was planning on making my kids which are minors, non voting shareholders. Kids ages are 3, 7, 11, 15 and 17. Most will be many years away buy the 15 and 17 year old can start taking a dividend when they turn 18. I am not sure if I plan on buying more in this corporation but my plan is to setup a holding company eventually which will control this operating co.
What is the best way to do this? Shall I bother making the other kids shareholders (I am charged $100/shareholder to add to the corporation at setup) since I plan to sell in 2 years? Can I create the holding company after or must it be done before?