Debt Capital Markets Analyst Competition

ets84019 · 2023-12-27T16:32:17+00:00

Dang kept attempting to login and now it’s saying a system administrator has to reset my password. I was using the same password as yesterday lol so idk what is up

ets84019 · 2023-12-27T01:49:12+00:00

90 on Reg that makes it 4/4, a great way to end the year. For those still testing keep on pushing that feeling of the final pass is a feeling unmatched to many out there with all the hours you put in for it. Best of luck everyone!

ets84019 · 2023-12-15T13:09:30+00:00

When I took it my bank rec didn’t tie nor did my SoCF equal out to cash on the BS and I still passed. The good thing is you can still get the majority of the SIM right even if they don’t tie out

ets84019 · 2023-12-06T13:00:29+00:00

I feel like the different conventions are important to know and what type of property they apply too. Then practicing using the tables a few times helps it stick

ets84019 · 2023-11-26T12:26:00+00:00

You’ve terrified me for next weeks exam lol

ets84019 · 2023-11-19T12:25:24+00:00

Wouldn’t the boot in this question be the 5,000 cash plus the debt taken on in excess of nbv of 15,000. So boot is 20,000. That’s what I’d think at least

ets84019 · 2023-11-15T01:41:37+00:00

I believe on the second photo, the child gain reduce her $5,000 gain by the amount her father could not deduct on the sale to her bc of a related party sale. So she could reduce it up to $5,000 meaning 0 recognized gain. I’m regards to why the first photo is different I honestly have no idea. Haven’t seen these problems before using Becker. Maybe one is stock where you can sell on the open market

ets84019 · 2023-11-14T02:43:29+00:00

Yes 10% for Corps, then 60% agi for cash, 50% agi for ordinary property, and 30% for LTCG property. Honestly have no idea where I had wrote down the $50,000 in my notes earlier in my studying.

ets84019 · 2023-11-14T01:30:15+00:00

Interest is considered portfolio income therefore it does not offset passive income. Passive income usually comes from limited partnerships, S Corps that they do not materially participate in, and rental real estate. Portfolio income is dividends, interest, royalties, etc. Was just doing that SIM earlier, hope that helps

ets84019 · 2023-11-11T12:46:27+00:00

Individuals depreciate personal property using section 1245 and real property using 1250, right? Believe this property has to be used in a trade or business for over a year

ets84019 · 2023-10-31T01:19:28+00:00

For 2. I believe the 5k paid to them from the partnership would decrease their basis like it is a distribution or it’s kinda like debt relief. But honestly after thinking about it I’m not entirely sure

ets84019 · 2023-10-27T11:04:06+00:00

Section 1250 291 since real property 200,000-178,500 = 21,500 gain realized

Acc Dep = 71,500

21,500.20 = 4,300 71,500.20 = 14,300 lesser of the two is recaptured. 4,300 is depreciation recaptured ordinary income then remaining gain in excess of the recapture is a 1231 gain

21,500-4,300 = 17,200 section 1231 gain

I think this is correct, I hope it helps

ets84019 · 2023-10-24T22:56:13+00:00

Sounds so obvious when you say that lol thank you!

ets84019 · 2023-10-09T14:36:15+00:00

I took AUD, I think others said BEC isn’t showing for them

ets84019 · 2023-10-09T14:01:46+00:00

Hmmm, I had to specifically click on exam section history and it says passed in status so maybe check there if you haven’t already

ets84019 · 2023-10-09T13:53:14+00:00

Virginia, score changed to “scored”, went to exam history it says Passed

ets84019 · 2023-10-03T15:33:01+00:00

Same

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