About manager5923

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Re: Automobile depreciation recapture

Rick, yes, I understand the facts are different. I was asking to know the difference in the way the conversion to personal use is handled as an individual verse...

manager5923

1

Updated Jul 21, 2022
Re: Automobile depreciation recapture

I think I'll chose door #1, convert to personal use and close the company.I read in a post which had similar circumstances, except an individual owned the vehic...

manager5923

3

Updated Jul 21, 2022
Re: Automobile depreciation recapture

I have another S corp that is using the vehicle for business purposes. I suppose if I sold it from one to the other, I'd have to declare the income from the sal...

manager5923

5

Updated Jul 21, 2022

Activity Feed for manager5923

Posted Debt forgiveness as a gift on Business & farm. ‎July 25, 2022 12:54 PM
Posted Re: Automobile depreciation recapture on Business & farm. ‎July 20, 2022 5:31 PM
Posted Re: Automobile depreciation recapture on Business & farm. ‎July 20, 2022 1:45 PM
Posted Re: Automobile depreciation recapture on Business & farm. ‎July 19, 2022 11:24 AM
Posted Automobile depreciation recapture on Business & farm. ‎July 19, 2022 9:34 AM

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Date Registered	‎July 19, 2022 9:10 AM
Date Last Visited	‎August 2, 2022 1:45 PM
Total Messages Posted	5

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