Rental Real Estate in an S Corporation: Why the Property Can Become Expensive to Remove
Rental real estate can become expensive to remove from an S corporation after the property appreciates. Learn how gain recognition, shareholder basis, liquidation rules, and estate planning issues can create an unexpected exit tax.
Should Your Business Elect S Corporation Status? Tax Savings, Risks, and When It Makes Sense
Should your business elect S corporation status? Learn how reasonable compensation, Section 199A, accountable plans, shareholder basis, health insurance, state taxes, and distribution rules determine whether the election creates real savings.