Laserfiche WebLink
A ~ r <br /> ECOMMENDATION <br /> All three alternatives have significant tax issues dealing <br /> ~imariTy-'with severance pay. In addition, there is the <br /> ~tential for personal liability for the officers of Hamakua <br /> ousing. In order to resolve these tax issues, we recommend <br /> <br /> ?prying for a private letter ruling from the IRS. <br /> The primary disadvantage of alternative 1 is the potential <br /> or creditors to place liens on the Camps. The primary <br /> lsadvantage of alternative 2 is the potential for Hamakua <br /> ousi_t~g.to be deemed to be the landlord, due to the invalid <br /> ~nveYances_.,to.She Occupants. Alternative 3 appears to be the <br /> Est preferable because it avoids the foregoing disadvantages of <br /> _ternatives 1 and 2. <br /> ze.we -8- <br /> <br />