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I do tracking
(sh.itjust.works)
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this post was submitted on 15 Apr 2025
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Trippin' Through Time
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Tripping' Through Time
A Lemmy community for historic art pieces overhauled into modern memes.
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- Only image uploads allowed
- Only edited, historical images may be shared
- The instance rules of https://lemmy.ca/
founded 2 years ago
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Why do they do that?
It's always money. At a guess I'd say it's cheaper to create a company and buy/sell that (including the assets it owns such as property) then dissolve the company rather than just buying/selling the property. Scale that up to a big company that has to deal with lots of different laws and you're left with this nonsense.
It sounds like a tax dodge. New LLC in charge until just before the end of the tax year then it's wound down and the property moves to another