[WSBARP] change from Inc to LLC

[Douglas Scott]

Real Estate Company wants to change entities from an Inc to an LLC. Under
Washington law this can be done by filing Articles of Conversion. We want
to make sure there is no GAIN associated with this. If the Company would be
required to apply for a new EIN, then provisions of Code Section 366 may
apply which means gain recognition since the assets that were assigned to
one EIN have been re-assigned to a new and different EIN. Would the new LLC
be able to keep the same EIN?

*DOUGLAS W. SCOTT*
Rainier Legal Advocates|LLC

465 Rainier Blvd. N., Suite C
Issaquah, Washington 98027
425.392.8550 (tel)
425.392.2829 (fax)



www.rainieradvocates.com


Notice: This communication, including attachments, may contain information
that is confidential and protected by the attorney/client or other
privileges. It constitutes non-public information intended to be conveyed
only to the designated recipient(s). If the reader or recipient of this
communication is not the intended recipient, an employee or agent of the
intended recipient who is responsible for delivering it to the intended
recipient, or you believe that you have received this communication in
error, please notify the sender immediately by return e-mail and promptly
delete this e-mail, including attachments without reading or saving them in
any manner. The unauthorized use, dissemination, distribution, or
reproduction of this e-mail, including attachments, is prohibited and may
be unlawful. Receipt by anyone other than the intended recipient(s) is not
a waiver of any attorney/client or other privilege
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20221214/93b5a464/attachment.html>