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Thanks. That is what i first started to do, but started to doubt myself.
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How do you enter and take credit for taxes paid via composite return on NJ return.Do you need to file and report the k-1 and file in the applicable other states...
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so do you think it should be entered as section 1245 business property?
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Client is a 1065. They buy real estate and they do construction and then flips them. The properties were never used as rental properties, just purchased, built,...