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...this can earn me a warning, since it's one of the default emojis.

This thread is starting to smell...

I know a septic system would be 27.5 depreciation for a residential rental if considered part of the structure, but 15 years if considered a land improvement. Pub 527 seems to say 27.5. Have you used your NATP free research question yet this year?

No I can't because I have no clue what that means. When a solution doesn't exist, the person comes up with one of their own design.

... or this combo: technically I can't be in trouble because that's an Ox according to the name assigned to that animal's emoji

Hey Monty, I'll take what's behind curtain # 6. If any part of the buyout involved unrealized receivables or inventory, the partnership is required to file form 8308. Also, if this is more than a 50% change in ownership, you have a technical termination.

None. It's totally on the partner. K1 doesn't show basis, just capital and share of liabilities. If you're referring to a basis worksheet, the distribution (buy out amount) will reduce the basis, but not below zero. Not being liable for the liabilities anymore also reduces basis. No I can't because I have no clue what that means.

UPDATE: A huge "THANK YOU" to John with ATX who just got my files restored!!!!!!!! If I had time, I would write a book about him, however, I'm so far behind because of my foolishness! Again, thank you, John! Take care, Cathy

I have NEVER seen a client do this! I've done it with/for a client, on occasion. But a client, of their own volition, taking this step?! I needed that laugh, @Evan S. Golar.

I had the same problem yesterday. I finally found it. I just tried to get in to check again and they locked my account. This is so annoying. I tried to change my password and it said that the answer to my security question was incorrect. That is absolute BS, because I answered it correctly. I hate their website with a passion.

It's deductible, and if you need a cite, use reg sec 1.163-1(b) that starts off with the quote below. There is more in that section that isn't relevant to this discussion and therefore isn't quoted here. Bold is mine for emphasis.

It wouldn't be the first time that property has been sold without the simultaneous transfer of title.

After considering, your client was the owner of the house and therefore able to deduct.

Equitable ownership theory might come into play: https://www.journalofaccountancy.com/Issues/2008/Oct/EquitableOwnerEqualsDeduction.htm But in your case, they actually did own the home subject to the mortgage. I'm confused as to how the title was transferred without the mortgage company being paid off.

What were the addresses on driver licenses and voting records? Did the client ever provide IRS with Form 8822 - change of address?

I agree with Sara. There could be something nefarious going on. I had an EIC case several years ago. The IRS requested school records, a letter from the landlord and utility bills. The client was perfectly legitimate,but being latino his last name and those of his wife and kids were different. The Spanish system confuses most people in this country, as there are two last names, the first being the last name of the father, and the second the last name of the mother. Here the father's name is considered the middle name. I guess it confused the IRS, but that's not hard to do.

Here's the database backup page from CrashPlan. Unfortunately, they don't reference the Raven database that ATX uses and newer versions of ATX don't offer a database backup function.

thank you so much! - I will look into it!

Proposition 13 which capped property taxes in CA, was enacted in 1978, 40 years ago. So, if the client's property was acquired 30 years ago, it probably won't have Prop 13 protection.

And there is not enough resolution in the image to tell for sure, one way or 'tother!

And rifle the paper on two sides when inserting into tray, or after a bit of non use.

Dry out the paper or anything else sensitive to moisture by making your own dessicant. The video shows making your own with a specific type of cat litter, or purchase loose silica gel beads at a local craft store, used for drying flowers. If the silica beads have "indicator beads", those should be blue, and they turn pink after absorbing the moisture from the air. Those potentially can be dried out again in a slow oven or microwave.

I think it is the humidity from all of the rain we've had. It will absorb the moisture from the air and is then affected by the heat of the printer's fuser. I could feel that my paper was different a month ago when I refilled the printer's tray. It felt cool and I swore it also felt damp too.

You Do have the best clients! This nice couple understands that my quote to them (can't remember what I wrote in their folder, and I don't think I saw CA at that time) is much higher than they had in the past. They came to me recommended by other clients with a very large invoice from me each year plus bills for the returns for their children, too. I don't expect any squawks from the newbies. Just very surprised at their prior preparer in NY. And, they want a projected 2018/paycheck check-up later, which I might invoice separately depending on what I end up charging for 2017. Plus, I'm warning everyone that my 2019 prices will increase due to the new tax laws. Yes, we are lucky when our clients appreciate our constant education and know we are taking good care of them and willingly pay our fees. And, recommend us to others. When they don't, I raise their fees until they leave! But, have been lucky to NOT do that very often.