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I have a client that is a registered at British Virgin Islands, it has also filed with NYS as foreign corporation in July 2020. The company has opened an bank a...
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The client is the sole owner of the LLC and files it as a disregarded entity. If LLC owns the rental property, then Sch E should be used to report the income an...
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It may be a two-way street: Following is an excerpt from the instruction of Form 8832. How do you think? 60-month limitation rule:Once an eligible entity makes ...
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The change is possible by filing Form 8832.
