Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 03-06-2015, 02:11 PM
Junior Member
 
Join Date: Mar 2015
Posts: 2
Asset Impairment and Form 1065

I'm completing a Form 1065 that has real estate rental as its sole activity. The LLC's main asset, a building, has a significant unrealized loss on the books from a write-down in the building's value. I don't know where to put this loss on Form 1065 nor where to reconcile it with K-1s as an item not included on those forms. Can you help? Thanks!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Form 1065 Schedule K-1's bigdog7000 Filing Requirements 1 02-14-2015 06:59 PM
Form 1065 and Schedule K-1 bigdog7000 Filing Requirements 0 02-14-2015 04:55 PM
K-1 form 1065 enstorms Income 0 03-23-2014 01:23 PM
form 1065 (k-1) enstorms For 2013 0 03-21-2014 01:53 PM
LLC - Form 1065 - Schedule B-1, Part II Sammie Limited Liability Company 1 11-09-2013 12:46 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.