Clarification?

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Posted by brandoncbsre on May 09, 2008 at 15:47:56:

In Reply to: Stock Sale posted by Gproperties on May 08, 2008 at 14:56:11:

Are you saying that they want you to buy their business entity? Or that they want you to raise funds via a stock sale?

If it is the first check and see if they are a C-corp or S-corp as this will determine how it is taxed. Be sure and consult an attorney. It will be interesting to see more reponses to this one. I can't think of a benifit for the sellers to want you do it this way.

Good Luck, Brandon

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