Joe is the sole shareholder of manatee corp a c corp, Operation Management

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Joe is the sole shareholder of manatee corp a c corp

Joe. Is the sole shareholder of Manatee Corp. a C Corp. Because Manatee’s sales have increased significantly over the last several years, Joel has determined that the corporation needs a new distribution warehouse. Joel has asked your advice as to whether (1) Manatee should purchase the warehouse or (2) he should purchase the warehouse and lease it to Manatee. What relevant tax issues will you discuss with Joel?

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