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枫下沙龙 / 谈天说地 / Fuck, ITA sec 85(1) rollover, damn difficult, took me 2 hours, billings' going through the roof
-slimpiggy(瘦猪犹如插翅虎);
2001-11-9(#254649@0)
just learn it, so easy for me in thoery
-mqu27(mqu27);
2001-11-9(#254661@0)
what's that?
-pmer(pmer);
2001-11-9(#254662@0)
让我看看作业
-mqu27(mqu27);
2001-11-9(#254665@0)
it's an actual client, I was billing the guy
-slimpiggy(瘦猪犹如插翅虎);
2001-11-9(#254679@0)
Easy? I don't know what to say to you, care to comment on 85.1, 84.1 and 86.2(e)?
-slimpiggy(瘦猪犹如插翅虎);
2001-11-9(#254677@0)
easy understand, but maybe difficult for the actual question. for 85.1, i just learn we can transfer our asset to own company and defer tax, several exericises have been done.
-mqu27(mqu27);
2001-11-9(#254687@0)
I can assure you it's very difficult in real life...here something for you to chew on: what if there are mortgages on a building being xfer and the fmv of the building is lower than UCC?
-slimpiggy(瘦猪犹如插翅虎);
2001-11-9(#254695@0)
normal , i think we can see there some captical loss as ucc - fmv
-mqu27(爱睡觉的大懒猫);
2001-11-9(#254705@0)
You can't claim cap loss on a rollover, and it's a terminal loss,
-slimpiggy(瘦猪犹如插翅虎);
2001-11-9(#254722@0)
in rollover, you needn't to transfer these kind of asset, since sec 51 deny these terminal loss, if you transfer, you cannot claim the loss. but the ACB will be the FMV
-mqu27(爱睡觉的大懒猫);
2001-11-9(#254727@0)
I wish there is a textbook solution for everything we do, it has to be done, the sub's winding up...
-slimpiggy(瘦猪犹如插翅虎);
2001-11-9(#254734@0)
now your job is about tax and law? these kind of things are always happen in the law office.
-mqu27(爱睡觉的大懒猫);
2001-11-9(#254736@0)
how about the Pan? you know what i mean? you see him recently?
-mqu27(爱睡觉的大懒猫);
2001-11-9(#254710@0)
I am in Detroit
-slimpiggy(瘦猪犹如插翅虎);
2001-11-9(#254718@0)
are you working and living in Detr?:))
-mqu27(爱睡觉的大懒猫);
2001-11-9(#254728@0)