RE: The Tax Holy Grail for the Whale Investors- Orginal Post was incorrect

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The Tax Holy Grail for the Whale Investors- Orginal Post was incorrect

in tax •  8 years ago 

If it is an s corp and they sell the property, and recognize a capital gain it flows back to the shareholder as a capital gain, anything sold under the basis it would be treated as a distribution of capital back to the shareholder.

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