[jeff]

Free Study Planner, Notes, Audio, Flashcards: https://www.another71.com/cpa-exam-study-plan/

Free CPA Exam Survival Guide: https://www.another71.com/cpa-exam-survival-guide/

Post by Another71.

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[The_AmYam]

@gabe –

yes there are 2 AMT's you need to know – individual and corporate. Know them both!!!! Seriously.

REG - 81
FAR - 79
AUD - 94
BEC - OCT 15

[The_AmYam]

Hi all… anyone else sitting for REG in early January?

I'm in the home stretch of my studying and I'm starting to get stressed out.

REG - 81
FAR - 79
AUD - 94
BEC - OCT 15

[Anonymous]

#70 Bob acquired a 50% interest in a partnership by contributing depreciable property that had an adjusted basis of $15,000 and a fair market value of $45,000. The property was subject to a liability of $32,000, which the partnership assumed for legitimate business purposes. What is the partnership’s basis in the property for depreciation?

A. $13,000

B. $16,000

C. $15,000

D. $0

[terryharm]

#The_AmYam Yes,, I am re-taking it the 4th of Jan Been through becker, did all of the ninajs, going to go through all notes again this week and concentrate on the SIMS I also have Wiley, and I use that once in a while to just get some more practice (random questions)

BEC: 81
FAR: 75
AUD: 81
REG: 85

PA license Pending..

[Gabe]

Amyam can you post the two different amts?

CPA, CFE
CISA- Experience will be completed by August 2016

[terryharm]

What are your study plans for the 14 days before and exam, re-write notes, re-do all mcq, do all sims,,,,,, looking for a way to organize what I am doing

BEC: 81
FAR: 75
AUD: 81
REG: 85

PA license Pending..

[Gabe]

I usually do MCQs on all weak topics…look over notes, have audio going 24/7, do long sets of MCQs to get my mind/body used to thinking for longer periods of time. Depends on your time too- if you have all day or after work, etc.

CPA, CFE
CISA- Experience will be completed by August 2016

[Anonymous]

CPAby2015, answer is D.

15,000+16,000-32000=-1,000

But since the basis can't go below zero, the answer is D.

[Anonymous]

I would definitely focus on the Sims for basis. I also found them great for R3 and R4 of Becker if anyone is using that program. They go into a LOT more detail. If you can work through the R3 and R4 Sims on Becker you're set for any MCQ.

[Anonymous]

I did not do this the first time around and can clearly see where that 66 came from

[NJPRU]

Was hoping to not have buy a new review course (currently using Becker).. but after finishing R1 – I really have a strong desire to do more questions. There are million items to know in R1 alone, but only a few questions that go over the most important.. I guess I'm just afraid that I'm going to get tons of questions outside of the MCQs in Becker (like i did when I took BEC). Did anyone feel this way for R1 as well? Did you supplement?

AUD: DONE
FAR: DONE
BEC: DONE
REG: DONE

IM GOING TO BE A CPA!!!!!

[Anonymous]

@cpahopeful Answer was B. The question was partnership's basis on property, not the partner's interest on partnership. Anyway, congratulations in passing 3 sections. I hope i can nail down this REG on January the finish all on Feb.

[Future Ninja]

3 weeks for REG is doable?

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Gabe]

@NJ had the same thought…I've even done taxes (it's been awhile), but I bought Ninja MCQ- they helped me through the other 3 sections, can't hurt!

@Future- depends on your “base knowledge.” Some people can blow through R1-R2 if they do taxes on a regular basis, maybe even R3 and R4, but if you have little to no basis, I would say it's a stretch. Is your NTS expiring? Or you just want to sit at the end of the window?

CPA, CFE
CISA- Experience will be completed by August 2016

[Gabe]

Trudging through R7…

CPA, CFE
CISA- Experience will be completed by August 2016

[Author]

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