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Investors & landlords
If you need help setting up the books seek an accountant or bookkeeper ... if you need help with the tax return seek a CPA/EA/tax attorney.
For the OIH in a partnership there has to be a requirement in the partnership agreement stating the individual costs are required to be paid by the individual partners ... on the personal return this will be reported on the Sch E page 2 and NOT on the form 1065.
For the OIH in a partnership there has to be a requirement in the partnership agreement stating the individual costs are required to be paid by the individual partners ... on the personal return this will be reported on the Sch E page 2 and NOT on the form 1065.
‎September 24, 2019
2:20 PM