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I just sold the assets of my partnership for 625k. In the
I just sold the assets of my partnership for 625k. In the sale agreement $500 of the sale is deemed to be goodwill. how do I reflect the sale on the partnership tax return? … read more
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I am 50% partner in an LLC, taxed as partnership (form 1065). The other 50% partner is my friend. This LLC's only assets were 2 single family houses, which we rented out. In 2016 we have sold both of … read more
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Does the gain from a asset sale, (mostly goodwill) go in the
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A Partnership sold its business to a different company in
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Hi, we had an LLC as 100% owned by C-corp. LLC was created
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