FAQ – What about Real Estate Purchases?

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FAQs:

What if the business you seek to purchase  includes real estate?

ANSWER:
When purchasing real property, you must have a full title  search performed and then it is imperative that you  discuss the tax consequences of the purchase of this  property and its future sale with your accountant and  attorney. Trying to purchase real property as part of  your business without the proper advice may lead to  some very serious and long term tax consequences.

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