Business, 09.08.2021 23:40, bethltaylor
Jorge owns two passive investments, Activity A and Activity B. He plans to sell Activity A in the current year or next year. Juanita has offered to buy Activity A this year for an amount that would produce a taxable passive activity gain to Jorge of $115,000. However, if the sale, for whatever reason, is not made to Juanita, Jorge believes that he could find a buyer who would pay about $7,000 less than Juanita. Passive activity losses and gains generated (and expected to be generated) by Activity B follow:
Two Years ago (35,000)
Last year (35,000)
This year (8,000)
Next Year (30,000)
Future years Minimal Profits
All of activity B's losses are suspended. Should Jorge close the sale of Activity A with Juanita this year, or should he wait until next year and sell to another buyer?
Answers: 2
Business, 22.06.2019 05:30, 2023greenlanden
The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?
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Business, 22.06.2019 21:00, mattsucre1823
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