If so, then each class of income will potentially be subject to different provisions of the law and you will need to know the treatment of each income class to properly categorize and report it at the entity level, and its subsequent treatment on your ownership level return (i.e., your individual return). 

Part of the son's tuition at the "private boarding school" was directly related to drug and alcohol counseling, counseling for clean and sober living, etc.Essentially, it was a treatment facility that also kept the kids focused on their schoolwork and provided teaching and tutoring.I asked to see one of the tuition bills and, right there on the bill were a bunch of treatment codes for medical services. 

For instance, what is the cost to replace 600 square feet of carpet, window treatments, etc.

.), and covered some of our first year expenses (insurance, termite re-treatment and warranty).THE INCOME - $3820/month3/4 units is currently renting at $910.

Unless you elect special tax treatment LLCs are totally ignored for taxes.The good news is that you can carry forward these losses.  

Unless you elect special tax treatment an LLC will have no effect on your taxes at all.  

The tax treatment of the IRA is what it is.  

Issuing a W-2 and withholding the necessary payroll taxes is the recommended treatment as per IRS guidance.

My question regards the treatment of my 1031 exchange expenses.

A farmer's failure to cultivate his or her land or a quarry owner's failure to take stone from his or her quarry, for example, does not mean that either person has abandoned interest in the property.A person's intention to abandon his or her property may be established by express language to that effect or it may be implied from the circumstances surrounding the owner's treatment of the property, such as leaving it unguarded in a place easily accessible to the public.