Legal Question in Business Law in Texas
Could a Corporation own a residential home as part of it's assets?
Asked on 1/17/10, 4:32 pm
1 Answer from Attorneys
Ken Gober (Austin TX)
Lee, Gober & Reyna
Yes.
But there could be adverse tax consequences depending on how the home is used.
Answered on 1/22/10, 4:39 pm
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