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  • Posted in: All member Forum

    Dear Colleagues - a church is going to build a new structure. If the church bought all the materials instead of the contractor doing so, would the materials be exempt from sales tax? Or, possibly, would the materials be exempt (or not exempt) regardless ...

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    RE: PTP

    Posted in: All member Forum

    as I understand it, the broker listed no sale on the 1099-B, so ignore the PTP sale information, and just report the K-1 income, etc. Best regards, Michael Strelka, CPA 224-202-1554

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    PTP

    Posted in: All member Forum

    Client has investment in a PTP receives detailed K-1 package from the PTP. Broker one merged with broker two during the tax year. PTP K-1 package treats the transfer from broker one to broker to as a sale. Neither broker provided any information on the ...

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