Dangerfield movie, Back to School? Guy: Mr. Melon, we have a serious offer on your commercial property in SouthFlorida... and we feel you should sell.
Thornton Melon (Rodney): No. Hold it for one more year, take the depreciation, then transfer title to the California Corporation. Show it as a capital gain. We should do great.
Thornton Melon (Rodney): No. Hold it for one more year, take the depreciation, then transfer title to the California Corporation. Show it as a capital gain. We should do great.