codeblue123
Level 3
12-06-2019
06:35 PM
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Shareholder of an S corporation flips houses on the side. Their main source of income is from appraisals in their S corp. They purchase houses to flip in their personal name because they are not able to purchase the properties in their S corporations name. Is there a way they can move these properties into the S corp, in order to avoid paying self employment taxes on the profits of the flipped houses?
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