| Title | : | How Are Personal Contributions To Your LLC Taxed |
| Lasting | : | 2.01 |
| Date of publication | : | |
| Views | : | 13 rb |
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how do you do that? Comment from : Julie Kreklau |
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In our partnership agreement they had us assess our skills as capital, now it’s tax time and I’m unsure how to report this as the business wasn’t profitable and of course this contribution wasn’t actually cash it was skill? Can you help? Do I need a new partnership agreement? Comment from : No3ll3 Mayb3rry |
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Can I contribute other assets? Comment from : Chinsanity |
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So say I buy things used solely for the business, how would I account for that from each perspective Comment from : Intellistan |
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