[zi007ad]

Well, i was faced with a question how to calculate depreciation for a partnership for (Furniture, Equipment and Computers) .. does any body knows how and the rates used ?

Thank you

*COLORADO*
REG: 58,41,74,74,74,74,77
BEC: 67,76*,79
FAR: 62,68,60,75
AUD: 76*,64,66,81
* Expired

[mcarras]

Check out the AICPA Sample Test. There is a resources tab for MACRS depreciation rates. For instance, computers and some light trucks have a 5-year depreciation period.

P.S. Is it true that you passed all 3 other sections and got 4 “74s” on REG in a row?

[mcarras]

Check out the AICPA Sample Test. There is a resources tab for MACRS depreciation rates. For instance, computers and some light trucks have a 5-year depreciation period.

P.S. Is it true that you passed all 3 other sections and got 4 “74s” on REG in a row?

[Anonymous]

^that's just painful to look at…

[Anonymous]

^that's just painful to look at…

[Whopper Warrior]

depreciation for a partnership is almost identical to a regular c corp. however, if they elect special depreciation, such as bonus or sec 179, it needs to be seperately stated apart from normal income because of the special nature and individualistic restrictions.

ALL 4 parts passed summer 13
Ethics October 13
Experience (waiting)

Becker Only

[Whopper Warrior]

depreciation for a partnership is almost identical to a regular c corp. however, if they elect special depreciation, such as bonus or sec 179, it needs to be seperately stated apart from normal income because of the special nature and individualistic restrictions.

ALL 4 parts passed summer 13
Ethics October 13
Experience (waiting)

Becker Only

[zi007ad]

Thank you all for your help 🙂

*COLORADO*
REG: 58,41,74,74,74,74,77
BEC: 67,76*,79
FAR: 62,68,60,75
AUD: 76*,64,66,81
* Expired

[zi007ad]

Thank you all for your help 🙂

*COLORADO*
REG: 58,41,74,74,74,74,77
BEC: 67,76*,79
FAR: 62,68,60,75
AUD: 76*,64,66,81
* Expired

[zi007ad]

@mcarras: yup 🙂 and because my 3rd 74 i lost my BEC credit, i guess REG is the hardest subject ever ..

*COLORADO*
REG: 58,41,74,74,74,74,77
BEC: 67,76*,79
FAR: 62,68,60,75
AUD: 76*,64,66,81
* Expired

[zi007ad]

@mcarras: yup 🙂 and because my 3rd 74 i lost my BEC credit, i guess REG is the hardest subject ever ..

*COLORADO*
REG: 58,41,74,74,74,74,77
BEC: 67,76*,79
FAR: 62,68,60,75
AUD: 76*,64,66,81
* Expired

[Guti]

zi007ad,

I have a friend who took REG 5 times, and on his sixth time, I told him to do the following.

You need to identify your weak areas. There should be 2 or 3 big areas that you are not mastering. Once you have that information, buy the Hot spot dvds from Bisk CPA. They have video lectures that target a specific topic like Partnerships,S-corps,commercial paper,etc. My friend went from 74 to 85 doing this in 5 weeks. The reason why I knew this could help him is because it helped me on Governmental and not for profit.

Good luck,

FAR-84
AUD-
REG-
BEC-

[Guti]

zi007ad,

I have a friend who took REG 5 times, and on his sixth time, I told him to do the following.

You need to identify your weak areas. There should be 2 or 3 big areas that you are not mastering. Once you have that information, buy the Hot spot dvds from Bisk CPA. They have video lectures that target a specific topic like Partnerships,S-corps,commercial paper,etc. My friend went from 74 to 85 doing this in 5 weeks. The reason why I knew this could help him is because it helped me on Governmental and not for profit.

Good luck,

FAR-84
AUD-
REG-
BEC-

[Author]

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