I have a business that is incorporated in the state of Pennsylvania. I presently own two cars. I was thinking of having my company buy a new car. However, would it be possible for me to sell to my company one of my cars at book value.
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I have a business that is incorporated in the state of Pennsylvania. I presently own two cars. I was thinking of having my company buy a new car. However, would it be possible for me to sell to my company one of my cars at book value.
Yes.
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