Posted 1/22/2010 19:04 (#1036102 - in reply to #1036075) Subject: RE: Usually only one reason to go from C to S........real estate was put into C years ago......
Prairie Home MO
Jake, Your right, the land was put in years ago. Thats not the problem. It's the zero basis income that is carried over to next year.
Have any of you switched from chapter C to chapter S corp
