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The property is titled in the name of the LLC.I believe this answers the question. Thank you!
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No, this client and their rental is in Michigan. Michigan is NOT a community property state.
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Hello Community!I have a married couple that formed a LLC for a commercial rental property.They have been filing a 1065 since inception (50/50 ownership with hu...
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When estimated taxes are set up in the prior year (example 2021 for 2022), it would be nice if the estimated taxes were rolled over into the proforma 2022. The ...
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I have a client that sold their S-Corp assets, goodwill & going concern.The sale was December 29, 2022. No money was received in 2022.The sale price was $234,28...
