Have a Tax Question? Ask a Tax Expert
You didn't answer my questions:
how do i sell the company (i am a 100% shareholder) to another company to use the NOL to have favorable tax consquence on their part? and then how do i handle the loans with the company from 2 individuals? the loans equal the value of the loss. ?
Maybe the questions aren't clear.. how do i sell the company such that the buying company can get 100% use of the net operating loss) and then how do i handle the 2 loans to the company that equal the value of the loss?
This may be better suited to a tax attorney who deals with the IRS and not a CPA