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My partnership was purchased by and S corp how do I report
hello my partnership was purchased by and S corp how do I report that? … 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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2 member partnership terminated on 10/31 when one partner bought the other partners share for $1. I have to creat a short year 1065. Is this short year 1065 K1 reflective of only the remaining member … read more
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This is a partnership termination question. In a general
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LEV, a husband had 2 commercial buildings in his name, later
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My question involves tax reporting for a rental property.
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Im doing a final 1065 for a two person partnership. History: Partner
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Hello. Two member partnership reporting on Form 1065 (using
Hello. Two member partnership reporting on Form 1065 (using form 8825) income for a commercial office space rental for one building. Bottom floor rented to an unrelated third party. Top floor rented t… read more
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I am preparing a 1065 - Among 6 of the members , I need help
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I live in Md. I have an inherited 2 rental properties with
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I am preparing a K-1 for the first year of a partnership (started
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I am using Turbo tax to do our 2011 taxes. My husband receives
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I decided to file a 1065 with the securities sales on a 1099
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My husband and I own an LLC in Texas. Previously we have paid
My husband and I own an LLC in Texas. Previously we have paid ourselves via W-2, but I want to change this to guaranteed payments + member draws to minimize our quarterly paperwork and also save on fe… read more
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Two member LLC taxed as a partnership. 85% partner agrees to sell his Interest to the LLC for $15,000. Partnership is terminated and remaining partner becomes sole prop/disregarded entiry. Selling par… read more
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Need someone who does work with LLCs.....If I am looking at
Need someone who does work with LLC's.....If I am looking at an LLC operating agreement and it says Managing Members Interest Class A voting a- 25% b 12.5% c 12.5% and then there are listed 3 Limited … read more
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