Explore the 1,000’s of tax questions answered by professionals.


I sold a piece of real estate for $100,000 and my cost basis at the time was $20,000. I .... ... read on

If two partners own a business and use cash from the business to build a building, how is that treated .... ... read on

In an LP, can tax losses be distributed by percentages other than LP holdings (i.e. if one LP is a .... ... read on