John C6 Wrote:
Jan 03, 2013 9:15 PM
Gentle Readers, Dear Mr. Ramsey, Don't know if I'm asking the right question, but here it is: What about development corporations? Some firms are incorporated specifically to develop a new technology or product - CRAY Computers, as one example. They rarely earn a profit. Does the IRS 2 year rule apply, or is that a different consideration? Sincerely, John Lepant Brighton CO