- This topic has 50 replies, 8 voices, and was last updated 15 years ago by sdduuuude.
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April 16, 2009 at 3:33 PM #382790April 16, 2009 at 3:34 PM #382161sdduuuudeParticipant
I have always wondered this –
Why doesn’t everyone in CA buy a house under a corporation, then sell the corporate stock to the new owner to sell the house.
Wouldn’t this avoid a property tax basis reset?
There has to be some trigger in the stock sale or something or this would be commonplace. Does anyone know ?
April 16, 2009 at 3:34 PM #382431sdduuuudeParticipantI have always wondered this –
Why doesn’t everyone in CA buy a house under a corporation, then sell the corporate stock to the new owner to sell the house.
Wouldn’t this avoid a property tax basis reset?
There has to be some trigger in the stock sale or something or this would be commonplace. Does anyone know ?
April 16, 2009 at 3:34 PM #382621sdduuuudeParticipantI have always wondered this –
Why doesn’t everyone in CA buy a house under a corporation, then sell the corporate stock to the new owner to sell the house.
Wouldn’t this avoid a property tax basis reset?
There has to be some trigger in the stock sale or something or this would be commonplace. Does anyone know ?
April 16, 2009 at 3:34 PM #382669sdduuuudeParticipantI have always wondered this –
Why doesn’t everyone in CA buy a house under a corporation, then sell the corporate stock to the new owner to sell the house.
Wouldn’t this avoid a property tax basis reset?
There has to be some trigger in the stock sale or something or this would be commonplace. Does anyone know ?
April 16, 2009 at 3:34 PM #382800sdduuuudeParticipantI have always wondered this –
Why doesn’t everyone in CA buy a house under a corporation, then sell the corporate stock to the new owner to sell the house.
Wouldn’t this avoid a property tax basis reset?
There has to be some trigger in the stock sale or something or this would be commonplace. Does anyone know ?
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