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Old 07-06-2001, 08:29 PM
paul paul is offline
Lawnsite Addict
 
Join Date: Dec 1999
Location: Chicago,Ill.
Posts: 1,625
You have to remember that if you already bought the equipment in your companys name you have to pay to have it transfered to the other company. This sets you up for higher taxes. You better get info from your accountant and lawyer. Remember you are going to have to pay taxes twice!

Reasons to do this, You are in a high profile, high risk environment.
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