Posted 9/10/2024 13:47 (#10885228 - in reply to #10884860) Subject: RE: Dissolving Corporation
It takes a certain amount of years to switch from a C corp to an S corp. I want to say maybe 7 years? Always a good idea to get the land out of a C corp before selling to avoid the double taxation. That is the probably what the seller is trying to do in your case.
Dissolving Corporation
