Liquidating my assets
Residential Liquidation offers a wide range of options when considering the best solution for clients that need to liquidate their estate or business assets quickly. We assess entire contents of estates and make offers on a few pieces to whole lots based on current market value.Residential Liquidation can help with Business Closeouts, Storage Unit Payoffs, Estate Buyouts, Estate Sales and Baby Boomer Downsizing.Finally, remaining distribution is liquidating dividend. Don't forget to prepare a 1099-DIV for year of liquidation.Final 1120 can show a zero balance sheet.' data-inline-edit-type='wysiwyg' data-inline-edit-url='/answers/755678' id='inline_edit_answer_755678_body' There should be no further tax effect to the corporation, since the assets are worth exactly what's on the books.Residential Liquidation specializes in helping Baby Boomers, Seniors downsize and transition into a simpler life style.
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I have a client who sold his 'asset's and I sold them via the C Corp wtih profit flowing through on 1120 this year.
Our Buy Out option guarantees our client a fair price, immediate payment, and piece of mind.
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