Form 1065

Feb 13, 2007 1 Replies

I have a partnership that no longer is in a trade or business (sold rental property and has investment income only). Would expenses such as the following be taken on Page 1 to create a loss or considered investment expenses subject to the 2% limit: Accounting Fees State partnership taxes/fees (NJ) Office Expenses



Thank You, Kevin



>
>
>
>
>
>
>
>
>

I think you have to relate the expenses to the type of income generated. ___________________________________

-----> real address on hobokeni or hobokenx

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required