REG Study Group - Page 17

Viewing 15 replies - 241 through 255 (of 694 total)
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  • #2294520
    Tncincy
    Participant

    It's done. I'm going for the 15th. I am turning it up a notch. No more casual study.

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #2298504
    Tncincy
    Participant

    Working on ninja notes and starting my 100 mcq's per day today. Wish me luck.

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #2298624
    74phoenix
    Participant

    @Tncincy you got this!!!! I am thinking of doing the Ninja 30 day trial for Reg… Need the help!

    Graduated 05/2016.
    NY CPA Candidate.
    Public accounting.
    FAR COMING UP 07/07/2016 !! GOD HELP ME.

    #2300736
    Tncincy
    Participant

    Ok so, I said I was not going to spend anymore money on review courses, but last year my children bought me Becker for my birthday and it's my birthday again so my daughter saw the gleim ad on my laptop and said she would buy me the test bank for reg. Good idea? or just stick with Ninja, or take the money and give her a big kiss. Any thoughts? Either way I'm going to continue with Ninja. (I think) I know, I know, I have no time to waste. (44 days)

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #2300994
    74phoenix
    Participant

    @Tncincy I think stick with Ninja. Too much may be overwhelming. See how you do on REG and then assess if you want another review course.

    Graduated 05/2016.
    NY CPA Candidate.
    Public accounting.
    FAR COMING UP 07/07/2016 !! GOD HELP ME.

    #2301888
    74phoenix
    Participant

    So I have studied Individual tax and property taxation and my scores are in the low 50s for those. Not sure if I keep hammering Individual tax and property tax or move on. Test is May 6 and studying while working full time, as everyone knows, is HARD. Feel like i am falling behind and have to move onto other topics i.e. Corp tax, flow throug entities, etc. Business law is my strong suit, so at least I have that. Anyone have advice?

    Graduated 05/2016.
    NY CPA Candidate.
    Public accounting.
    FAR COMING UP 07/07/2016 !! GOD HELP ME.

    #2304423
    Tncincy
    Participant

    what about doing random mcq's to access where you are and then move on. Or simply keep doing mcq's until your score come up and writing notes.

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #2306406
    Reese
    Participant

    Can someone please explain the difference in how to account for liquidating vs. non-liquidating distributions? It’s not clicking with me for some reason. Its the same for both Partnerships/S-Corp/C-Corp?

    #2308542
    se7en.14
    Participant

    in becker review,example #3 QTB taxable income of $4207,500 or More – how do you know what the Phase out amount is? is it a given amount or do I have to calculate it someohow?

    Thanks.

    #2309736
    Tncincy
    Participant

    Work is slow today, so I'm hitting mcq's. I plan to get in 100 or more today. I am working on Corporate, I'm not too confident with it right now. Hope everyone is studying hard, the clock is ticking.

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #2312997
    Tncincy
    Participant

    So I'm doing mcq's, trying to get 100 per day (not quite there) but I see already what I am miss the most, should I keep doing questions or start working on my weak area right away. I can do a few more random questions, but just wondering…..

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #2316054
    74phoenix
    Participant

    I recommend hitting those weak areas and focusing on getting your scores up for that.

    Graduated 05/2016.
    NY CPA Candidate.
    Public accounting.
    FAR COMING UP 07/07/2016 !! GOD HELP ME.

    #2317728
    Tncincy
    Participant

    Thanks, That's what I decided to do. The same area I keep missing the most questions. I am also missing a lot of basis questions :-(. At it again today. I am determined I am not re-scheduling or canceling the exam. Yes, I am nervous and full of anxiety.

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #2319099
    asdf
    Participant

    Mandy is a limited partner in a limited partnership in which Strasburg and Hua are the general partners. Which of the following may Mandy do without losing limited liability protection?

    I. Mandy acts as an agent of the limited partnership.
    II. Mandy votes to remove Strasburg as a general partner.
    —————————————————————————————–
    Answer is Both I and II.
    —————————————————————————————–
    I chose “II Only” and my reasoning was this:
    Limited partner in LP is NOT an agent and can NOT bind the p-ship to a contract, only general partner does.
    If Mandy acts like an agent and third party thought she is a general partner, she will have apparent authority and this will make Mandy PERSONALLY LIABLE and not in limited liability any more.
    Am I wrong on this or am I missing something here again!! Please help!! thank you all!!

    #2319906
    74phoenix
    Participant

    @Asdf I am confused, as well. What does the explanation of the question say?

    Graduated 05/2016.
    NY CPA Candidate.
    Public accounting.
    FAR COMING UP 07/07/2016 !! GOD HELP ME.

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