Rockdog10
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Now, I am realizing how 'tricky' this is. From my old LLC, for all existing assets to be transferred to the new LLC, would I select the option "sold" or "dispos...
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This certainly is quite challenging to do manually since we have over 100+ items from previous years. I had an idea of doing a "save-as" from the previous LLC a...
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If we arestepping-into-the-shoes of this property with the new partnership using the same depreciable life, holding period, method, etc. starting 10/1/2021, do ...
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Thank you for all the well-in-depth discussion and reply. I'm certainly grateful and appreciated of it. I think I have enough to go on for the correct direction...
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Yes, "single entity LLC" is Fannie Mae jargon as for a qualification for the the loan as it is non-recourse and need to have no other properties in it for liabi...
Activity Feed for Rockdog10
- Posted Re: Moving Property to another LLC and transfer depreciation table on Investors & landlords. March 2, 2022 1:40 PM
- Posted Re: Moving Property to another LLC and transfer depreciation table on Investors & landlords. March 1, 2022 10:37 AM
- Posted Re: Moving Property to another LLC and transfer depreciation table on Investors & landlords. February 28, 2022 10:44 AM
- Cheered Re: depreciation on rental property transferred to an LLC for DavidD66. February 23, 2022 8:47 AM
- Cheered Re: Moving Property to another LLC and transfer depreciation table for Rick19744. February 19, 2022 10:18 AM
- Posted Re: Moving Property to another LLC and transfer depreciation table on Investors & landlords. February 19, 2022 10:17 AM
- Posted Re: Moving Property to another LLC and transfer depreciation table on Investors & landlords. February 18, 2022 5:06 PM
- Posted Re: Moving Property to another LLC and transfer depreciation table on Investors & landlords. February 18, 2022 2:31 PM
- Posted Moving Property to another LLC and transfer depreciation table on Investors & landlords. February 18, 2022 10:21 AM