Oscar asks:My borrower is a 50% shareholder for a business filing a 1120S. The ...

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Lenders and underwriters in my training workshops on Cashflow Analysis of Tax Returns often ...

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Brian’s question: What does it mean when the k-1 income/loss is listed as ‘passive’ ...

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Charlene and Yousaf ask:Both Charlene and Yousaf had a question about 481a this month. ...

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Craig Asks Can you provide detailed information to explain every box on the k-1? ...

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