abctax55
Level 15
12-06-2019
04:31 PM
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" How do I transfer the building to the shareholder without triggering a tax."
You can't. It comes out of the Corp @ FMV.
And this is the shining example of WHY real estate (or, any appreciating asset) should never be put into a Corporation.
"*******Tax software is no substitute for a professional tax preparer*******
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