I certainly don't think all CPA's are experts. I used to work for a CPA firm right out of high school, many many moons ago, so I'm aware they are just humans li...
"The Trust states that she can live in 1 home and that home realize rent income, nor can the home be sold. "Oppps...should be CANNOT realize rent!!!! Sorry.
"whether or not this is a grantor trust, which clearly does not appear to be the case."It's a hybrid Trust. I didn't even know such animal existed.The part of t...
"The default for TurboTax Business is to allocate depreciation in accordance with the allocation of rental income."Yes, I figured this out after I posted my com...
This is a return for a VA Irrevocable Trust with an EIN. I'm an only child, my mother is still living, but has been placed into an assisted living facility (whi...
