How do I transfer ownership of a corporation with no assets? What will it cost? Tom.

In Selling Property - Asked by Tom B. - Oct 20, 2010
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Answer(s)

Jere G.
Broker/Agent
Lakeland, FL

Tom, please call me at 863-670-0010. I know of two strategies, and one of them actually avoids federal capital gains taxes when selling the corporation. This second strategy is not a 1031 Exchange strategy that only defers taxes rather that avoiding them.

Oct 21, 2010
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Billy R.
Broker/Agent
Orlando, FL

Just sell the stock to the purchasing party for whatever the value may be.

Oct 22, 2010
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Rob B.
Chandler, AZ

Tom....
Be sure to follow all required filing requirements with your State Corporations Commissioner or other jurisdictional body. This will vary from state to state, even though your corporation may be a less than 35 shareholders, private corp.
Good luck....
Rob Baird, CA RE Lic. #544165 (One of the oldest, active licenses in CA)
951 515-5855

Oct 22, 2010
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