Scores Release Countdown!!!!!! - Page 2

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  • June 1, 2012 at 3:05 pm #171813
    Anonymous
    Inactive

    What do you do to pass the time???

Viewing 8 replies - 16 through 23 (of 23 total)
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  • June 1, 2012 at 5:37 pm #347679
    Anonymous
    Inactive

    I do not think kids for food qualifies as a like-kind exchange. Per section 178.82 subsection (C) of the tax code properties are of like-kind, if they are of the same nature or character, even if they differ in grade or quality. May be it does, but it you would have to trade your kids for meat (food); otherwise I don't think it meets the specifiec criteria outline above. For example kinds for ice cream would not qualify in my opinion. It does indeed have commercial substance, but I think you would have to recognize a gain if there is any boot (cash) involved. Any thoughts? SO SAD!

    June 1, 2012 at 7:20 pm #347680
    Anonymous
    Inactive

    @CPAterminator…I think you need recognize gain on that one…Kids come with lots of liability, giving away is COD! The difference between COD and NBV is taxable…VERY SAD!

    June 1, 2012 at 7:32 pm #347681
    Anonymous
    Inactive

    @Cpaending, it is so validating to know that I am not the only one who does that! I mean I admit, I am a crazy person. But now I feel less so. After I took my FAR exam, I kept recalculating my possible scores based on how many questions I got wrong(I kept an internal count)

    June 1, 2012 at 7:46 pm #347682
    Anonymous
    Inactive

    @Home Stretch

    Guilty.

    June 1, 2012 at 8:01 pm #347683
    Anonymous
    Inactive

    I just started Max Payne 3 on PS3 😀

    God, I haven't played video games in sooooooo long. It's glorious. Beer pong tournament all day tomorrow. Work on my tan, and attempt to talk to girls.

    June 1, 2012 at 8:01 pm #347684
    Anonymous
    Inactive

    All I need is a wonderful 75….I'm not asking for 90s this time… :(…I'm fried chicken though..

    June 2, 2012 at 6:57 am #347685
    Anonymous
    Inactive

    CPA terminator, didn't you use to have a different icon up? Why the switch?

    June 5, 2012 at 10:03 pm #347686
    Anonymous
    Inactive

    I just know I failed my FAR exam, so I've been trying to spend the time studying more. The day after I took the test I sat down and wrote down everything I could remember to study. Like, if I got a lot of basic earnings per share, I wrote that down to remember to study it harder, or if I had a question I couldn't answer, I wrote down the subject so I could learn it.

    What I'm doing now? Trying to go over that stuff I wrote down and trying to study a little. Just a couple hours every other day. just incase I failed, I wouldn't loose all of it. But I know I failed. I didn't even cover all of government accounting or leases, or a bunch of other stuff. LOL Just took it for the practice I guess.

    So. spending my time trying to study. knowing I failed, and feeling frustrated they can't just tell me I failed so I can move on easier.

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