All Forum Posts by: Char Bacheh
Char Bacheh has started 8 posts and replied 20 times.
Post: Opening a corp in another state
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If i live in NY and have a corp in ny, then bought a property in NJ do i have to open a foreign entity corp in NJ
Post: transferring money from one corp to another
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was wondering can i transfer money from one of my corps to anther? what are the tax consequences?
Post: paying a loan is it deductible
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yes that is what i mean thanks,
can you please give me an example of how it can be deducted?
Post: paying a loan is it deductible
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Originally posted by @Ashish Acharya:
Originally posted by @Char Bacheh:
is there a way that the interest expense can be deductible if its not my loan?
Need more detail on what are you talking about ? Why are you paying it?
the arrangement is business b will pay the interest for company A as a loan or a share in company A
Post: paying a loan is it deductible
- Posts 20
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the arrangement is business b will pay the interest for company A as a loan or a share in company A
Post: paying a loan is it deductible
- Posts 20
- Votes 0
is there a way that the interest expense can be deductible if its not my loan?
Post: paying a loan is it deductible
- Posts 20
- Votes 0
if my business is paying some other business loan interest can it be deductible?
my accountant did it, i would like to know if its correct
When i sell a main home that was a rental property for 2 years before i sold it, in which i am eligible to have to section 121.
do i fill out 4797 parts 1 and 3?
@Eamonn McElroy i have an s corp i am thinking if i should give myself the full 30k on a 1099 or 25k a 1099 and the rest a distribution
the issue is when i put the full 30k on my schedule c i get a refund, and when i put 25k on schedule c and 5k as a distribution from my s corp i owe money