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Am i correct to assume that an excessive loss for the 2018
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Question re: K-1. I am limited partner. In 2012 I invested
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I had my 2014 tax return extended. Will turn in shortly. My
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My wife and I are "married, filing jointly. She received a
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I sold an inherited property for $ 400000.00. It was rented
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Dear Tax Professional, If a LLC partnership generates a
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Years ago, I was gifted a small share (less than 3%) in my
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If cash distirubtion is in excess of basis, it is recognzied
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We have had Schedule C losses for the last 12 years which also
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I have been legally separated from my wife for nearly two years.
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I lost a food business in 2009. This was an S-corp. All my
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I sold some business assets in 2009. I reported the sales to
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I read that a partner can only deduct losses to the extent
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