RosaleeMcS
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Yes, the members and the LLC kept track of the capital investment but not in the software. Obviously not a tax professional, hence using the software to create ...
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I think I see how to get it to calculate correctly. I think I need to enter the capital investment for each member into the members area and then include the ca...
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We are a Texas LLC if it matters. The program wasn't in use in 2017 so it doesn't have the history of capital investment to the LLC to purchase the property. Th...
Activity Feed for RosaleeMcS
- Got Cheered for Re: LLC, 4 members invested equally for real estate, sold property and gave back capital investment, where do I enter that amount for K-1 to keep it separate from taxable distributions. 7 hours ago
- Posted Re: LLC, 4 members invested equally for real estate, sold property and gave back capital investment, where do I enter that amount for K-1 to keep it separate from taxable distributions on Business & farm. 7 hours ago
- Posted Re: LLC, 4 members invested equally for real estate, sold property and gave back capital investment, where do I enter that amount for K-1 to keep it separate from taxable distributions on Business & farm. 8 hours ago
- Posted Re: LLC, 4 members invested equally for real estate, sold property and gave back capital investment, where do I enter that amount for K-1 to keep it separate from taxable distributions on Business & farm. 8 hours ago
- Posted LLC, 4 members invested equally for real estate, sold property and gave back capital investment, where do I enter that amount for K-1 to keep it separate from taxable distributions on Business & farm. 11 hours ago