Proc. 2002-69, 2002-2 C.B. 831, for special rules applicable to husband and wife state law entities in community property states.I'm happy to answer or confirm any tax/accounting questions if you'd like

It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

So we create a partnership agreement and a new LLC and he funds the LLC account with 50k.

There are several other issues (undisclosed maintenance markup fees, excessive charges to our account, significant reductions to agreed rent without communication, etc).

2) Accountant - Has anyone found a decent accountant with knowledge of REI here in Portugal?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

If you have not done so already ....Time to invest in kick *** accountant and lawyer.   

A great deal of accountants work with out of state clients.

If you’re placing a new property into service, you can discuss cost segregation studies.

The company is in a huge crisis - he said the entire accounting department walked out while he worked there.