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- Re: A DC T/P OWNS A CONDO. T/P CONVERTS CONDO TO RENTAL. IS T/P NOW SUBJECT TO UNINCORPORATED FRANCHISE TAX. RENT RC'D WAS 13,390 NET LOSS OF 9,255?
A DC T/P OWNS A CONDO. T/P CONVERTS CONDO TO RENTAL. IS T/P NOW SUBJECT TO UNINCORPORATED FRANCHISE TAX. RENT RC'D WAS 13,390 NET LOSS OF 9,255?
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BUNNY51
Level 1
06-13-2020
12:25 PM
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1 Comment 1
sjrcpa
Level 15
06-13-2020
03:22 PM
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Yes. Gross is $12,000 or more which is the threshold.
The more I know, the more I don't know.
