Forum Discussion
John_S_
Sep 17, 2019Explorer II
I think it was sold for a couple reasons. One top of the market so max price.
Two is taxes. If they passed it down in the family there would be an inheritance tax. It would mean huge debt but selling you get to pay about half the tax now and structure it out to reduce it over time. Tiffin will be next I figure as they are the last big family owned company and the last time bob tiffin retired he had to come back.
Two is taxes. If they passed it down in the family there would be an inheritance tax. It would mean huge debt but selling you get to pay about half the tax now and structure it out to reduce it over time. Tiffin will be next I figure as they are the last big family owned company and the last time bob tiffin retired he had to come back.
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