Rick, yes, I understand the facts are different. I was asking to know the difference in the way the conversion to personal use is handled as an individual verse...
I think I'll chose door #1, convert to personal use and close the company.I read in a post which had similar circumstances, except an individual owned the vehic...
I have another S corp that is using the vehicle for business purposes. I suppose if I sold it from one to the other, I'd have to declare the income from the sal...
