A hypothetical C-corporation operates as a real estate holding company. Could that corporation itself then form a subsidiary c-corporation, and turn over the properties to the subsidiary as the initial investment/stock purchase?
It is not clear what is meant by “turn over the properties to the subsidiary”. It is possible to transfer/sell parent corporation’s assets to the subsidiary in exchange for the subsidiary’s stock. One should be concerned with the tax implications of such a transaction and the treatment of both corporations as standalone companies especially if the subsidiary is wholly owned by the parent and the parent is left without any assets other than the stock of the subsidiary.
You should consult with an attorney and an accountant with respect to the contemplated transaction. If you have any further questions feel free to contact my office at your convenience.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.