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Updated over 4 years ago,

User Stats

2
Posts
0
Votes
Ontario Durns
  • Wholesaler
  • Naperville, IL
0
Votes |
2
Posts

Can My Wholesaling Business Sale to My Buy & Hold Business

Ontario Durns
  • Wholesaler
  • Naperville, IL
Posted

I am looking to adopt a new strategy as part of my exit strategy for my wholesaling business, specifically for properties approaching their contractual close dates - with no buyers lined up.  I was wondering if it would be acceptable or legal to sale a property that I have a contract for under my wholesaling company to my company I use to buy & hold and also flip properties.  

If not, please explain, why I can't as I do not want to do anything that's illegal.  

Thanks,

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