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Section 85 Rollover Explained | Its Purpose & How It Can Benefit your Business 3 года назад


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Section 85 Rollover Explained | Its Purpose & How It Can Benefit your Business

Contact us here to get in touch with a trusted advisor: https://www.parrbusinesslaw.com/contact --------------------------------------------------------------------------- A section 85 rollover is a mechanism that allows a taxpayer to transfer property from him or herself into another entity. Usually this mechanism is used when somebody has started a small business say and is operating as a sole proprietorship and say that sole proprietorship has gained some traction and has some assets so such as a customer list or other things that have some quantifiable value and that person, that entrepreneur wishes to transfer those assets in the sole proprietorship into a corporation. If you like this video please share it with someone or post the link on social media. Thanks for watching! #ParrBusinessLaw #SteveParr

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