deytrpr
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And, that would be declared in the balance sheet?I'm not seeing where to add that.Sorry, this form is completely foreign to me, way different than 1040!
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Ok, so that is not an asset contributed to the llc because it was purchased prior to the llc existence?But, its now an asset to the llc, rather of FIXED ASSET?T...
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Oh, all our expenses have been accounted for in the prior months, insurance, taxes etc.
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My rental property assets contributed are well over 100,000, we made for the one month of Dec.10,000.Can the asset be pro-rated into 12 months?
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My assets were purchased many years prior to the formation of this llc, but are causing an imbalance in turbotax balance sheet.
Activity Feed for deytrpr
- Posted And, that would be declared in the balance sheet? I'm no... on Business & farm. June 6, 2019 6:45 AM
- Posted Ok, so that is not an asset contributed to the llc becaus... on Business & farm. June 6, 2019 6:45 AM
- Posted Oh, all our expenses have been accounted for in the prior... on Business & farm. June 6, 2019 6:45 AM
- Posted My rental property assets contributed are well over 100,0... on Business & farm. June 6, 2019 6:45 AM
- Posted My assets were purchased many years prior to the formatio... on Business & farm. June 6, 2019 6:45 AM
- Posted Yes, I do but I am only doing this for one month as the s... on Business & farm. June 6, 2019 6:45 AM
- Posted I was told I couldn't use that for llc etc. on Business & farm. June 6, 2019 6:45 AM
- Posted I don't believe I have properly entered that as the "capi... on Business & farm. June 6, 2019 6:45 AM
- Posted Started LLC in last month of year, Balance sheet won't balance due to prior assets being more than total income for that month, how to deal with assets? on Business & farm. June 6, 2019 6:45 AM