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Yes it is partnership and apologies there are two owners.
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We have the following situation:One Rental LLC filing Form 1065One S Corporation filing Form 1120-SBoth entities are owned 100% by the same individualThe S Corp...
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Nope it is not fully depreciated.
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I need some guidance on handling an asset basis adjustment in Intuit ProSeries.In 2024 , our client purchased new software and we added it as a depreciable asse...