qbteachmt
Level 15
03-15-2021
06:47 PM
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There are good reasons to never hold real property in an S Corp.
This gets very confusing. You stated there is rental income, but you also stated there was no activity.
So, I would recommend doing nearly everything you stated.
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.