Edspira's mission is to provide a world-class business education for free. . All videos are created by Michael McLaughlin, PhD, CPA.. Michael is an award-winning university professor who went from teenage homelessness at age 17 to obtaining a PhD from Washington University in St. Louis. He then taught accounting full-time at Washington University in St. Louis, where he won every undergraduate teaching award for which he was eligible.. Michael's goal is to help other people achieve their dr
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This playlist discusses Section 351 transactions, which allow individuals to defer the recognition of gain or loss when they transfer property to a corporation in exchange for the corporation's stock and have control of the corporation (80% of vote and value) immediately afterwards.