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Net Operating Loss What To do with it ?

Discussion in 'General Entrepreneur Discussion' started by WillieZ, Dec 5, 2007.

  1. WillieZ
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    WillieZ PARKED

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    I have a New Jersey Corporation that has a NOL carried forward of roughly $100,000.00.

    The company is inactive now. Can this (company) be sold to another company so the purchasing company can take benefit from the NOL?
     
  2. Diane Kennedy
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    Diane Kennedy Bronze Contributor

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    If a C Corp - answer is "yes."
     
  3. WillieZ
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    WillieZ PARKED

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    Thank You for your reply. It is a C Corp. How do I go about finding a buyer for the NOL?
     

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