I mean, sure. It seems like you basically agree with my posts (except about series LLCs), though you don't want to say so directly. BTW, I'm pretty sure that it...
Ah, crickets. Some general thoughts for posters on this forum: Some of the advice posted here is good, and some really is not. Some of the bad advice could cost...
Doesn't it add confusion to misstate or garble what the law is? The poster might think that an oral modification that works under CA law doesn't work for tax pu...
@Rick19744, you wrote that, "While CA may allow for an oral partnership agreement, that doesn't mean anything to the IRS." Kind of a footnote, but this statemen...
@Rick19744, thanks for the thoughtful response. I can be more concrete: under 1.704-1(b)(1), allocations in a partnership agreement are respected if they (1) ha...