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is the rental market getting better?
I have 25K in voyager. What are my options? TIA.
Rip anyone with variable rate mortgages
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Hi everyone...
My role was impacted as part of the layoffs in my last Org.. bitter truth to digest.
So I am looking for a new role and I would appreciate your help and support.
Can anyone share Hyderabad or Remote based PM/ Sr. PM jobs.
I am available to join immediately
Profile - https://www.linkedin.com/in/sumitdgupta-product-manager/
Additional Posts in The Real Estate Bowl
Any thoughts on this book?
R as well
LLC is a legal entity not a tax entity. An LLC depending on how you set it up can be taxed like a sole proprietor (Sch C), partnership (1065), S Corp (1120S), or a C Corp (1120). If you did not depreciate you would not have any depreciation to recapture
Just so we’re clear, I am not recommending you pay recapture on depreciation you never took as the odds of audit are too low for all the headache. Just giving the technical answer and showing OP there is some risk involved.
Also, I had losses all 5 years and reported the same on annual LLC taxes . Will I be able to recapture those
Thanks, D1. Absolutely will