Sounds relatively straight forward.Drop old S Corp underneath new S Corp, thenmake Q Sub election for Old S Corp, then convert Q Sub to LLC to which you are then admitted.Is that it? 

Not sure if you meant my post about selling under market being unethical since I do not see any others mentioning anything similar.

, then the IRS allows you and your spouse to elect to file the LLC as disregarded on your personal tax return or as a partnership with a separate tax return.The second issue is that the partners can agree how to split up profits in a way that differs from their respective percentage of ownership. 

If this is really what they meant RUN !

You may have meant that.

Just before the "elective surgeries" (what a stupid name!)

With all covid-19 things we heard, there’s no factual evidence that the RE housing market in Utah even slowed down a bit (I meant by the house buying and selling process).

With all covid-19 things we heard, there’s no factual evidence that the RE housing market in Utah even slowed down a bit (I meant by the house buying and selling process).

Best of luck with whatever you elect to do with them!

It's $80 on the year for $5k of coverage but if it's not something people deal with, I am not sure I want to elect for the coverage.Thanks!