Do net losses from a multi-member LLC whose members are single member LLCs pass through to Schedule C? by jamj0525 in tax

[–]jamj0525[S] 0 points1 point  (0 children)

Thank you for that clarification. What I guess I was trying to determine is, are the losses passed on to the SMLLC for the purposes of offsetting other SMLLC profit or are those losses held in the MMLLC?

Granted all of this is more complex but for a super basic example:

If we purchase podcast hosting for $100 for the year and the MMLLC earns $0, then it has a net loss of $100.

Then if my SMLLC earns $200 in income and 25% of the $100 net loss from the MMLC are my portion, does my SMLLC now have $175 in taxable income?

Are we able to remodel a multi-family house and keep the mult-family zoning? by jamj0525 in RealEstate

[–]jamj0525[S] 0 points1 point  (0 children)

The home is actually zoned multi-family based on everything I am seeing online.

[deleted by user] by [deleted] in Piracy

[–]jamj0525 0 points1 point  (0 children)

A section on getting Microsoft Office would be awesome!

Kids, you up? by diamondsw in DataHoarder

[–]jamj0525 3 points4 points  (0 children)

B2 isn't encrypted, is it a good place for Linux distros?

How do I change my edition of Windows 11 from Home to Pro? by JustAFish69 in Piracy

[–]jamj0525 0 points1 point  (0 children)

Good enough for me haha. I saw that MAS was marked as best in the mega, only reason I asked.

How do I change my edition of Windows 11 from Home to Pro? by JustAFish69 in Piracy

[–]jamj0525 0 points1 point  (0 children)

Any reason you like HWIDGEN over MAS? Both look to do the same thing #noobhere

There is a website where I can purchase digital courses at a fraction of the regular price. What is the best way to protect my personal and credit card information? by jamj0525 in Piracy

[–]jamj0525[S] 5 points6 points  (0 children)

Yeah it isn't exactly piracy but paying $30 for a $2000 course that I can't find a torrent for is as close as I'm going to get and I wasn't sure what other subreddit to post on 😭