REG Study Group Q2 2016 - Page 62

Viewing 15 replies - 916 through 930 (of 1,691 total)
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  • #767958
    Credit Revenue
    Participant

    Maybe go over some notes on Thursday. Everyone is different, but it sounds like you are pretty much ready. I would make Thursday about rest. So your mind is sharp on test day. Maybe do a quick 50 or 100 questions Thursday morning. Like 2 hours max. Loosely look at notes that day. Try to relax best you can. Maybe burn yourself out physically so you can go to bed at a decent time and get a full nights rest. If you think you need the day by all means take it to study… I am just going from my experience.

    A - 79 expires 4/30/16 need a pass on REG
    B - 78
    F - 80
    R - 83!!! Can live again!

    #767959
    Anonymous
    Inactive

    @Csvirk Funny I almost posted that Lane passive activity question 4 hours ago – it's a repeat offender – meaning it's posted all over the place on different boards.

    Gleims explanation was good, but now I can't find it. The short of it is if your income is over 150,000 your outta luck as far as deducting any passive activity loss from real estate in which you material participate against ordinary (not passive) income.

    If you make 100K and under it's 25K against ordinary income. 100-150K it's one of those maddening phase outs.

    I don't know what's with all the hoop jumping math in the answer explanations, the minute you see over $150K you know passive losses can only be deducted against passive income and the rest has to be carried over.

    #767960
    csvirk
    Participant

    @CPA2021 Thank you.

    FAR: 71, 77!
    AUD: 69, 80
    BEC: 72
    REG: 84

    #767961
    Anonymous
    Inactive

    Does anyone have an idea of much the examiners will test business law concepts? The test is tomorrow for me and I'm wondering how much I should be focusing on today.

    #767962
    pracap
    Participant

    Has anybody made a comparison for AMT addback and Itemised deductions?

    #767963
    skyline8492
    Participant

    @Bondvillain – From my experience, it can vary. Sadly taken REG twice. Third (and hopefully final) time tomorrow. First exam it felt like there were only a few law questions scattered around. Second attempt there were A LOT, which I was very surprised about. Took the exams in Q4 2015 and Q1 2016 if that helps at all.

    FAR - 79
    REG - 78
    AUD - 81
    BEC - 8/3/2016

    #767964
    Anonymous
    Inactive

    Thanks for the feedback, Skyline. I'm focusing all my time and energy today on mastering the tax concepts with a few business law mixed in.

    #767965
    Anonymous
    Inactive

    Here's a little cheat sheet (but don't bring it into the exam!) for the rates and some of the phaseouts:

    https://www.putnam.com/literature/pdf/II939.pdf

    #767966
    The.Underdog
    Participant

    Bout to start studying for Reg, looking to take it at the end of July, early August. Just looking at the lectures, theres so much info! Plus I only took one class of tax in college. Did you guys read, watch or do both for the material?

    FAR - 86
    AUD - 93
    REG - 8/31/16
    BEC -84

    #767967
    mselaineous
    Participant

    @BondVillian – thanks for posting that link. Here's the 2016 updated one in case anyone is interested. From what I understand, if you take REG in the second half of 2016, any new 2016 limits will be included in the exam.

    https://www.putnam.com/literature/pdf/II941.pdf

    FAR - Passed (04/16) ROGER
    AUD - Passed (05/16) ROGER & Ninja MCQs
    REG - Passed (07/16) ROGER & Ninja MCQs
    BEC - 08/16

    #767968
    Anonymous
    Inactive

    Underdog – do both. Reading the text is important but the videos help clarify the concepts. Here's a link to free regulation lectures:

    #767969
    Tncincy
    Participant

    I appreciate the lecture video references, will use them accordingly.

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

    #767970
    Tncincy
    Participant

    Hope study is going well for everyone….it's score release for some….Best of Luck. fingers and toes crossed for the rest of us. (Back to studying)

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

    #767971
    Just3Letters
    Participant

    Good luck with your score tncincy. I'm sure you got it!

    I just finished Becker R5 and man… this Blaw and ethics stuff is more difficult than I planned. Some of the possible answers are just SO vague

    FAR- 81
    REG- 81
    BEC- Aug 22, 2016
    AUD- TBD

    #767972
    Just3Letters
    Participant

    .

    FAR- 81
    REG- 81
    BEC- Aug 22, 2016
    AUD- TBD

Viewing 15 replies - 916 through 930 (of 1,691 total)
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