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Topic
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Facts:
Client, A, is a multimember LLC taxed as a S Corp. Prospective investor, B, is a partnership/corporation/non allowable shareholder.
Can B form a new llc, C, of which it is the sole owner, and then have C invest in A?
Thank you for your responses.
Side note, there should be a Forum topic for “practical application/ real life questions”.
NYS Licensed CPA. 12yrs in this shit and it never gets easier!
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