I am closing an S corp basis $450,000 current value $3,000,000 taxable?

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▸ ▸ ▸ » I am closing an S corp basis $450,000 current value $3,000,000 taxable?

jsturniolo Posts: 1, Reputation: 1

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Jul 15, 2011, 11:24 AM

I am closing an S corp basis $450,000 current value $3,000,000 taxable?

Need to know if the property is taxable upon transfer out of S corp

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