kforsette
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We never dissolved the partnership.
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When the membership was sold only 5% was sold initially and then the other 25% was sold so there would have been 3 members at one point?
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Sorry I guess my question was not clear enough, but I was able to find out that TurboTax can only handle the sale of a membership interest by the weighted avera...
Activity Feed for kforsette
- Posted Re: Accumulated Depreciation for existing Parter when filing 754 step up in basis on Business & farm. February 3, 2025 4:24 PM
- Posted Re: Accumulated Depreciation for existing Parter when filing 754 step up in basis on Business & farm. February 3, 2025 4:22 PM
- Posted Accumulated Depreciation for existing Parter when filing 754 step up in basis on Business & farm. January 26, 2025 1:48 PM
- Posted Re: Sale of membership in an LLC on Get your taxes done using TurboTax. December 12, 2024 2:30 PM
- Posted Sale of membership in an LLC on Get your taxes done using TurboTax. December 4, 2024 9:00 AM