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- self-directed IRA on Form IL-1065 replacement tax avoidance
self-directed IRA on Form IL-1065 replacement tax avoidance
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ryan4
Level 1
09-08-2021
09:28 AM
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How do I avoid the replacement tax calculation on IL-1065 when both partners are IRA's? This partnership is a pair of self-directed IRA's that flip real estate. There shouldn't be any tax due from operations but I cannot find how to get rid of the replacement tax calculation.
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