patworsley
12.03.2021 •
Business
Frank and Bob are equal members in Soxy Socks, LLC. When forming the LLC, Frank contributed $51,000 in cash and $51,000 worth of equipment. Frank's adjusted basis in the equipment was $36,000. Bob contributed $51,000 in cash and $51,000 worth of land. Bob's adjusted basis in the land was $29,000. On 3/15/X4, Soxy Socks sells the land Bob contributed for $59,000. How much gain (loss) related to this transaction will Bob report on his X4 return
Solved
Show answers
More tips
- A Auto and Moto What Is the Cost of Customs Clearance for a Car in Russia?...
- L Leisure and Entertainment Should You Buy a Ceramic Knife?...
- C Computers and Internet How to easily and quickly disable Firebug in Gmail and Google Docs...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business JACOB FOOTEX is a shoe accessories shop started by Mr. Jacob for buying and selling all footwear related items, dealing with kids, women and men’s items. Mr. Jacob started the business...
- B Business If an investor has a choice of investing money at 6% compounded daily or 6.025% compounded quarterly which one is best...
- B Business Timothy decides to spend four hours playing video games rather than attending his classes. His opportunity cost of playing games is...
- B Business How does BBC’s children in need measure success...
- B Business The six-month zero rate is 8% per annum with semiannual compounding. The price of a one-year bond that provides a coupon of 6% per annum semiannually is 97. What is the one-year...
- M Mathematics Circle x is shown. 2 chords intersect at a point to form arcs a and b. arc a is intercepted by angle 1. arc b is intercepted by angle 2. arcs d and c are the other 2 arcs. which...
- H History What are some things you can do to manage and conserve natural resources...
- E English Read this excerpt from “a modest proposal” by jonathan swift, in which he describes the benefits...
- E English Which lines spoken by romeo in act iii, scene i of romeo and juliet best support the inference that romeo desires future peace between the montagues and capulets? check all that...
- H History What is the main function of a state legislature? a)appointing judges b)attending town meetings c)deploying the national guard d)passing laws...
Ответ:
Some things that you should keep in mind when you are preparing a reference list for a potentional employer include:
1. The reference should not be a relative.
2. It is best to have past employers, teachers, club advisors, or others who can speak about your characteristics.
3. You should ask each reference for their permission. This lets them know that they may get a phone call about you and gives them time to prepare to talk about you.