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15 May 2020 | 32 replies
@Greg K.
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3 March 2018 | 4 replies
@Shera GregoryThis is a conversation to have with your licensed tax advisor.Generally speaking, an entity that is wholly owned by a 401(k) would be disregarded, so that the tax liability will flow to the 401(k).
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14 March 2018 | 8 replies
Normally you are only entitled to a deduction when you are legally required to make the payment.However, normally people would just list all the expenses on the partnership return and distribute the K-1 to the partners.
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3 March 2018 | 1 reply
@Christopher K.
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16 August 2020 | 62 replies
@James K.
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6 March 2018 | 16 replies
I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like.
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23 March 2018 | 23 replies
You can buy a 20 unit for 2M with 100+K pre tax income on purchase.Explore other areas if CASH FLOW is your WHY....
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11 March 2018 | 10 replies
@Ned Jackson T-H-A-N-K Y-O-U!
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10 March 2018 | 2 replies
If I could I would do a second and pull out the 150 k and use that to rehab the property and use the rest as down payment for new Brrr.
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11 March 2018 | 12 replies
Originally posted by @Matt K.