All Forum Posts by: Kurt Linwood

Hi there

I am brand new here and I am not sure this will be posted, so I am going to make it concise:

I have a business that I recently sold for 4 million.
I am going to have a large tax bill.

I did not sell my LLC, just the assets and the inventory.

Can I use this LLC to now buy real estate as a write off? Perhaps just buy something outright as a huge writeoff?

I am having the hardest time finding an answer to these types of questions.

I am not quite sure my account knows what she is talking about.   Would most CPAs know a lot about this stuff?

Is it a certain type of CPA? Or is a tax attorney my person?

Thank you.