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The truck was included when son purchased family owned LLC
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Do you inherit the depreciation schedule of an asset when the asset comes with a business that was bought, or do you revalue the asset at its current market val...
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Cedar Fair partnership units holders received 1 share of common stock in the surviving corporation for each owned partnership unit. The adjusted tax basis of th...
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I do have the K1 paperwork. However it is not real clear. Each partnership unit is swapped for .58 common stock in the new corporation. The partner is not getti...
