partnership becoming a disregarded entity

acctnt2020 · ‎11-04-2020

What happens when a partner sells his share to other partner? All the assets are staying with the other partner.

George4Tacks · ‎11-04-2020

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ex-AllStar

abctax55 · ‎11-04-2020

A partnership, by definition, is "more than one". Ergo, you no longer HAVE a partnership.

Former Chump..umm... AllStar.
"the game of life is hard to play"

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abctax55 · ‎11-04-2020

AND, depending on timing.... you may have a delinquent filing (penalty of $ ~ 195/month X number of partners).

Ya' might want to seek some professional guidance on this,

Former Chump..umm... AllStar.
"the game of life is hard to play"

If a post answers your question, click on *Accept as solution* for future searches

George4Tacks · ‎11-04-2020

Ergo? Don't they make waffles?

ex-AllStar

BobKamman · ‎11-04-2020

er·go·nom·ics

/ˌərɡəˈnämiks/

noun

the study of people's efficiency in their working environment.

"My ergonomics are deplorable, I spend too much time on message boards."

partnership becoming a disregarded entity

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