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Have any of you switched from chapter C to chapter S corp
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John..neAR
Posted 1/23/2010 10:37 (#1036893 - in reply to #1036075)
Subject: RE: Usually only one reason to go from C to S........real estate was put into C years ago......



Caraway, AR

I've been advised to form a s corp and sell the land out of a c corp. I guess I'm to thick headed to fully understand why.

What has changed that makes this a good thing to do........I'm getting close to retirement.....if I want to.

Thanks,

John

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