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.

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Answered on 1/22/10, 4:39 pm


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