An investor can make a follow-on investment in a section 1202 C Corporation, but the second investment will have a new timeline, which starts on the day of the issuance of the QSB stock. Also, the second investment will stay have to follow the same guidelines as the first investment. Therefore, the corporation at all times can never have an aggregate basis of assets over $50 million.

Leave a Reply

Your email address will not be published. Required fields are marked *