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How to Convert a Company to a C Corp
Convertka is an LLC and has been all the way along. There's another rule inside of QSBS that if you convert from an LLC to a C Corp, you get the $10 million or 10 times your basis,. And in this case, Convertka converting the assets would be valued at 20, 30, 40, 50 million dollars. The other thing with this is you don't have to sell the whole company.