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Darren G

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  1. If a firm is structured as an LLP, there are no shares. Can an LLP convert to a C Corporation? If an LLP owns a company, and they want to sell 30% to the employees via an ESOP, can they "convert" the LLP to a C Corp so the owners can use a 1042? Is there any way to enable the owners to get 1042 treatment?
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