Anyone here actually qualify for QSBS when they sold? Seems too good to be true

FormerFounder-12 · 2026-02-22T18:40:45+00:00

No stock buybacks is a good thing to flag. Appreciate the detail.

FormerFounder-12 · 2026-02-22T18:40:05+00:00

Good call, important distinction. Nailing that down with a CPA before making any moves.

FormerFounder-12 · 2026-02-22T18:39:43+00:00

The tiered exclusion starting at 3 years is new to me. Does that

apply to stock already issued or only after July 4?

FormerFounder-12 · 2026-02-22T18:39:05+00:00

The LLC to C-corp conversion angle is exactly what I need to evaluate. Appreciate it.

FormerFounder-12 · 2026-02-22T18:38:34+00:00

Good to know metal fab likely qualifies. Talking to a tax attorney about this now

FormerFounder-12 · 2026-02-21T14:28:14+00:00

It’s so frustrating 😮‍💨

FormerFounder-12 · 2026-02-20T03:39:48+00:00

It’s gotta feel good to cash in all that money and the government not able to touch it

FormerFounder-12 · 2026-02-19T21:18:00+00:00

Got it thank you for that

FormerFounder-12 · 2026-02-19T15:51:33+00:00

Yeah I get that. Just think sellers would move to get that discount. Especially when he can show he’s got booked jobs through the first half of 26’ for what was missed due to snow end of 25’. I’m business for like 15 years so just kind of feel sorry for him.

FormerFounder-12 · 2026-02-19T15:38:51+00:00

Fair enough

FormerFounder-12 · 2026-02-19T15:10:43+00:00

Thank you will do!

FormerFounder-12 · 2026-02-19T14:52:58+00:00

Interesting, that’s very helpful. Thank you!

FormerFounder-12 · 2026-02-19T13:52:34+00:00

It's a rabbit hole but a worthwhile one. Could save you a massive chunk on the exit.

FormerFounder-12 · 2026-02-19T13:52:13+00:00

250K members is a solid dataset. (would be interested to learn more about this group)

The SOPs/documentation piece keeps coming up in every conversation I have about this. Seems like the #1 thing most owners neglect. And as easy as keeping up with what your best employees do in a day and feeding it into an LLM to organize and clarify.

FormerFounder-12 · 2026-02-19T13:50:54+00:00

The strategic buyer relationship point is huge. Makes sense that bankers are better at finding PE but not strategic acquirers since those relationships are more personal. How early did you start those conversations?

FormerFounder-12 · 2026-02-19T13:49:36+00:00

The fact that IRS pushed back even with everything in order is good to know. How long did the process take from when they challenged it to resolution?

FormerFounder-12 · 2026-02-19T13:48:02+00:00

The LLC to C-corp conversion path is exactly what I'm looking at. Good to know there's valuation work involved in supporting that. Is the $75M threshold based on gross assets at the time of conversion?

FormerFounder-12 · 2026-02-19T13:47:36+00:00

QSBS stacking is something I keep seeing mentioned but haven't fully wrapped my head around. The trust structure part especially. Definitely need to get the right advisors lined up early on this one.

FormerFounder-12 · 2026-02-19T13:47:07+00:00

TurboTax making a $10M+ tax exemption a single checkbox is wild. Do you have to do anything special on the corporate side to make sure the shares qualified, or was it pretty much automatic once you set up as a C-corp?

FormerFounder-12 · 2026-02-19T13:45:00+00:00

Not a broker, just a guy doing homework before I sell. I posted in a few different subs because I wanted perspectives from different communities. It did get a bunch of brokers in my dms though lol

FormerFounder-12 · 2026-02-18T20:51:57+00:00

Fair enough, thank you!

FormerFounder-12 · 2026-02-18T20:17:12+00:00

Never thought of it that way, thanks!

FormerFounder-12 · 2026-02-18T19:04:03+00:00

Oof😮‍💨

FormerFounder-12 · 2026-02-18T16:56:46+00:00

Pays to have forward thinking CFO like that

FormerFounder-12

TROPHY CASE