Can anyone provide any input on whether or not a Construction Company is a SSTB? My clients own an LLC, 50/50, and do construction and remodel work on residential properties. My first thought is they are not a SSTB. In that case though, can they still qualify for a partial deduction on their personal return, utilizing Form 8995?
Any input would be appreciated.
I think I paid extra to get something called "Google" on my computer. More folks should spend the extra money to get the option.