JJK
Level 3
11-20-2020
06:11 AM
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Thank you for your quick response. At this point, I only knew that this LLC has at least 2-3 members and no income/expense except for holding stocks. I believe these stocks are transferred out from a current C Corp (has normal operating trade/income/expense) out to this LLC. However, these stocks are not granted so they are not reported in C Corp financial statements at all.