[Tcohle]

I was thinking there HAS to be a strategy someone does right when they see one of these problems.

Like do you set up columns saying “Basis for Contributor”, “Basis for Partnership/Corp”, Recognized G/L, Realized G/L, etc then start doing the problem.

I feel a weakness for me is that I’m a little scatterbrained when it comes to those types of problems, including distributions.

FAR- 5/11/15 76!!
AUD-10/31/15 63, 84!
REG-7/12/16 72
BEC-8/31/15 75!! Perfect Score!

Wiley CPAExcel Platinum
Ninja 10 pt combo for FAR/AUD/BEC

[monikernc]

i was getting stuck on those too. this website is a little funky but the illustrations are great and lots of info:
https://tax.cchgroup.com/downloads/files/contemporary-tax-practice/M1-Partnership-Taxation/T1-Partnerships-General-Formation-Issues/A-Legal-Formalities.asp

working/reading through these really helped me.

FAR 7/25/15 76!
AUD 10/30/15 93
BEC 2/27/16 82
REG 5/23/16 88!
Ninja Book and MCQ and the forum - all the way!!!
and a little thing i like to call, time and effort!
if you want things to change, you have to do something different

[Author]

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