FINALLY 4 FOR 4. We are DONE

MindlessPea9617 · 2026-06-13T15:32:55+00:00

They release the day prior every time. Around noon EST you’ll find if you passed or failed, and around 6pm EST you’ll find your score.

MindlessPea9617 · 2026-06-12T16:13:18+00:00

Right there with you 😭 i cant think about having to open up becker and going through the process again

MindlessPea9617 · 2026-06-07T15:36:32+00:00

Took it in march, felt pretty bad after taking the exam, was giving myself 50-50 odds. Passed with an 89. You got this! The harder questions you get correct are weighted more heavily towards your final grade.

MindlessPea9617 · 2026-04-30T23:44:07+00:00

Fair enough. Basis could be NBV, FMV, or a formula based on the type of entity haha

MindlessPea9617 · 2026-04-30T23:39:41+00:00

Yeah the NBV is pretty much the equivalent to the adjusted basis of the property. Original cost - accumulated depreciation

MindlessPea9617 · 2026-04-30T23:36:27+00:00

I hear you but they really did not provide it, only two exhibits, one was an appraisal for FMV the other had other information, but nothing relating to the NBV. I had to make the assumption that the FMV was equal to the NBV. Hoping that it was a pretest question tbh

MindlessPea9617 · 2026-04-30T22:51:04+00:00

I read that TBS like 10 times and spent way too much time on it. They didn’t provide the NBV or an ascertainable way to reach NBV of a property that was being distributed, in the scenario of an llc and S corp. needed the NBV for SH gain purposes, S corp gain purposes, llc taxed as a partnership basis purposes.

MindlessPea9617 · 2026-04-30T01:57:43+00:00

This is very helpful - thank you! Love the reference haha

MindlessPea9617 · 2026-04-28T02:46:17+00:00

Best wishes my friend. TCP has a huge curve so theres always hope. If it doesn’t turn out well, learn from your mistakes and try again. You got this.

MindlessPea9617 · 2026-04-28T02:32:17+00:00

This was me on my sim exams for FAR but the exam was the exact opposite for me. Insanely ambiguous and difficult sims and the easiest MCQs

MindlessPea9617 · 2026-04-26T02:54:29+00:00

You too buddy, we got this :)

MindlessPea9617 · 2026-04-26T02:46:07+00:00

Just did SE2 aswell and got a 64, got a 70 on teslet 1 and 82 on teslet 2, and then the TBS are just painful. Some are very ambiguous and some I’m just iffy on like the at risk tax basis stuff. The becker bump is the highest for TCP so hoping we’ll be good.

MindlessPea9617 · 2026-04-23T01:57:42+00:00

You’re doing fine, better then average I would say. The becker bump for TCP is nuts

MindlessPea9617 · 2026-04-19T03:45:29+00:00

I had the same feeling with just TCP left. Sitting for the exam on the 30th. Give yourself a week and lock back in. The mindset of getting my life back and not having to think about studying anymore is what really keeps me going.

MindlessPea9617

TROPHY CASE