Carolyn L.
Selling shares of LLP to reinvest - tax strategies needed
20 November 2014 | 13 replies
When the LLP recognizes income, it is allocated to its members which increases a member’s basis in the LLP.
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Is this a capital gain?
26 August 2007 | 13 replies
If they lived in the house 0 of 730 days, then the exclusion is 0 and they would recognize all of it as gain.
Erik Kubec
Solo 401k Equity Trust Company, Single member LLC: 1099 income not eligible?
17 July 2014 | 5 replies
He mentioned that the IRS can only recognize 'earned income', and 1099 is not that.
William Huston
A few questions about LLC's
23 October 2018 | 6 replies
The location of the property is irrelevant, numerous states have recognized the series LLC as legislative option of an LLC.
Account Closed
Canadian looking for info on setting up US corporation for REI
23 April 2018 | 22 replies
@Anthony Wienke because LLC’s aren’t recognized by the CRA and we have even more that we would be liable for as a Canadian, vs using a corporation.
Tony Varao
Handling tax deductibility when house hacking a 3 family
29 May 2018 | 3 replies
I know that its deductibilty, the auto correct pulls that word up as it does not recognize it and suggests the destructibility .
Tony Lin
Offset passive income with new passive loss?
23 March 2022 | 20 replies
In a fully taxable event (where all gain/loss is realized and recognized).3.
Justin B.
170% Cash on Cash Return! THAT JUST HAPPENED!
3 May 2015 | 116 replies
I imagine that you take depreciation expense each year on your properties acknowledging that it is there because the IRS recognizes that things lose value with time.
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Getting started, need advice.
22 July 2006 | 4 replies
I am not in a huge hurry to do a deal but I have recognized that I am a little too excited about it.
Matt Nelson
Presidential race, 2008
20 May 2008 | 98 replies
Mostly because a black is kicking around someone many non-US folks actually recognize (Bill's wife).The race is interesting so it is making the headlines.