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Updated about 11 years ago on . Most recent reply

User Stats

248
Posts
51
Votes
Deadrick Colbert
  • Investor
  • Easley, SC
51
Votes |
248
Posts

S Corp Question

Deadrick Colbert
  • Investor
  • Easley, SC
Posted

Someone asked me this question, and I did not know the answer. What happens is someone gets an S Corp for flipping but does not do any deals the first year? Does he need to file a return? I would imagine the answer would be yes. I told the person that asked me to consult a cpa, but I'm curious what others here have to say.

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