judys3
Level 7
06-25-2024
03:53 PM
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I guess that was my initial question. How do does the Scorp sell something that doesn't show to be owned by the Scorp. I will find out more information.
The property taxes were expensed by the Scorp. The Scorp paid all expenses that concerned the property.
The investment does not state what it was for other than it was an investment.
The tp is the only shareholder and is not selling the actual business but the land and building.