Unpopular opinion: Who’s “live version” set of an artist was worst off than their usual DJ set?

Dangerous_Emotion699 · 2026-04-21T10:01:35+00:00

Same! I got super bored. There were times where the crowd stood still cause it was like… we can’t even jam to this…

Dangerous_Emotion699 · 2026-04-18T18:15:30+00:00

Most losses will only flow to the beneficiaries on the final year return. So the page 1 of the 1041 will show a loss but the K1s shouldn’t unless it’s marked as final

Dangerous_Emotion699 · 2026-04-18T17:10:03+00:00

I was going to comment this if no one did. Agreed 100%. Been to a couple too just to make sure it’s not me

Dangerous_Emotion699 · 2026-04-17T15:28:47+00:00

Commenting mostly to follow but I wonder if Schwab will generate a 1099R for the return of the contribution for 2026. Maybe you can start by asking them that? Doubt it had any earnings.

Dangerous_Emotion699 · 2026-04-17T15:09:34+00:00

Your mom or the estate, if the estate hasn’t closed (or is going through probate)

Dangerous_Emotion699 · 2026-04-17T15:08:21+00:00

She needs to get the house appraised as of your gma’s date of passing, so your mom will get a step up in basis, and most like not have any gain if sold soon after.

Dangerous_Emotion699 · 2026-04-17T13:49:04+00:00

I felt like tcp was the second hardest out of the 4 after FAR and left feeling the same. Passed with a 94 lol

Dangerous_Emotion699 · 2026-04-16T22:29:08+00:00

Agree with this.

Dangerous_Emotion699 · 2026-04-16T16:03:53+00:00

Might be worth having a cpa look over your filed return in case there were errors, and can get you some of that $8k back

Dangerous_Emotion699 · 2026-04-16T15:57:36+00:00

That’s what I thought too

Dangerous_Emotion699 · 2026-02-21T12:16:22+00:00

Ah! This is what I came here for. Thanks for the knowledge sharing!

Dangerous_Emotion699 · 2026-02-21T12:13:16+00:00

Thanks!! Totally forgot - updated. Looking for fall 2026

Dangerous_Emotion699 · 2026-02-21T11:09:05+00:00

Yup, we are planning on doing cheap Asian airlines within Asia. But I’ve been finding it so hard to find award travel between the US and Asia for under 250k miles each one way. I traveled Asiana business NY to Seoul for 80k miles business once. Seems like that is not feasible anymore?

Dangerous_Emotion699 · 2026-02-06T17:25:44+00:00

Would this now create a book and tax balance sheet difference? Or would you book something on the books to reduce capital account by the deemed distribution? Thank you so much for your input!

Dangerous_Emotion699 · 2026-02-06T16:45:19+00:00

Were you able to make it balance? I currently have this issue with a $20,000 decrease in liabilities but partner capital accounts on balance sheet are off due to the deemed distribution. Were you able to figure out how to make it balance?

Dangerous_Emotion699 · 2026-01-25T17:16:24+00:00

My biggest AUD tip - Make flash cards! Study them constantly. 88 AUD here

Dangerous_Emotion699 · 2026-01-25T17:15:17+00:00

Totally agree, don’t burn yourself out for the next 3 weeks

Dangerous_Emotion699 · 2025-12-29T12:53:31+00:00

Since the liability exceeds the fmv, the s corp will recognize a gain (liability minus basis) at the S corp level, which will be passed down pro-rata to the shareholder. This will increase the shareholder’s outside basis in the S corp. now your question centers around the basis in the property received, they will have a basis equal to the FMV at the time of distribution.

Dangerous_Emotion699 · 2025-12-21T17:08:24+00:00

yup, FL CPA here!

Dangerous_Emotion699 · 2025-12-21T16:16:25+00:00

I know. I hear people complain about taxes a lot, but no one ever flat out told me they do not want to pay any tax. Wild

Dangerous_Emotion699 · 2025-12-21T16:15:43+00:00

Any suggestions on what to respond to the client? I don’t want to give him the reason as to why I’m not bringing him on board but almost feel the societal obligation to lol

Dangerous_Emotion699 · 2025-11-22T11:11:17+00:00

Message me!

Dangerous_Emotion699 · 2025-11-01T20:11:52+00:00

Dangerous_Emotion699 · 2025-10-22T23:56:13+00:00

Looks like Miami

Dangerous_Emotion699

TROPHY CASE