User talk:DaveFogel

From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.

From TaxAlmanac

Jump to: navigation, search
Leave a message for DaveFogel

This page is where you can leave a message for DaveFogel. DaveFogel will be notified of messages the next time they access TaxAlmanac.

Please make sure to sign your message by adding four tildes: ~~~~ at the end of your message.

If you are actually DaveFogel, this is your page. Feel free to edit your discussion page to add or remove anything you'd like.

Leave a message for DaveFogel by clicking here

Don't forget to sign your message by adding four tildes at the end.


The voters have spoken.

Your threat ("I'll never post on this message board again.") was referred to the qualified voters of TA in an overnight plebiscite, and the overwhelming majority voted to reject your proposal to withdraw. They said - at least one of them did - that they use your input so they can feel confident about some of the stuff they read here. We would be less without you is sort of what they were trying to say.

If you don't change your mind right away I'm gonna go into your post on the Tax Forum and simply *erase* your threat...

Spell Czech


Pink Pearl 22:37, 25 December 2012 (UTC)


Don't leave. I look forward to your posts. I know what it's like to be a recipient of a rude poster (mine was right before Christmas too).

Cathy CathysTaxes 18:04, 2 January 2013 (UTC)

Please reconsider

As you can see from the posts at the end of this thread, you will be missed if we can't convince you to return. Please don't let one person ruin it for the rest of us.

Belle 00:35, 3 January 2013 (UTC)

1099 C on LLC

Hello Dave,

I have a question and I know you are the guy to ask. I have tried my local community with no progress. I also tried to research here, but I feel it's like looking for a needle in a hay stack. So many to compare with and learn from, but I can't seam to find my exact situation. So I greatly appreciate any detailed advice you can give me.

My client, a NV LLC w/ 2 partners, bought land in NV to one day develop for 240k in 2005. Market tanked, couldn't afford to build, and held onto it until they couldn't afford the mortgage anymore either. They turned the property back to the bank, and it foreclosed. They received the 1099c for 102k this year and are personally liable w/ no FMV recorded on the 1099c. They do not qualify as partners for insolvency. Partnership Yes, but I have read that doesn't matter. Total money invested out of pocket from partners was 162k

My question is a little scattered thanks to my own thoughts and other colleagues, so here it goes. Can I use 982 for real property business idebtedness in addition to recording the sale? If I can, is the sale capital or ordinary? They never placed into the intended service? Or no matter what, does it goes on k-1 box 11 and still the same question on capital verses ordinary recording the sale?

Please let me know if you need any further clarification.

Thank you so much for your time.

Megan. Mjbimr 11:48, 5 March 2013 (UTC)

at the time that the debt was canceled

Hi Dave, In a post at this link:

You wrote about "taxpayer's principal residence at the time that the debt was canceled" Can you lead me to a citation of some sort that specifies the the houose has to be the principal residence at time of cancellation? I have a client who abandoned a property and they back didn't short sell it for a couple of years. The debt was for the construction/purchase of the home.

Thanks, Todd Nash Tnash01 01:18, 10 October 2013 (UTC)

Trusted Users

According to the change log, Tim Doyle made you a trusted user back on January 4, 2014, the same day that TA came back from its hiatus. Have you had problems attempting to post to discussions? If so, please let me know, or post a note on Tim Doyle's talk page to let him know (User Talk:Tdoyle).


Trillium 03:02, 12 March 2014 (UTC)

Welcome back

Dave, it's great to see you back on TA; your expertise has been missed. I've referred many tax preparers to your excellent articles over the last two years. And, FWIW - I don't think anyone was notified of "reinstatement" back in January (except maybe Kevin & Trillium). I had to bug Kevin to get the keys; and I've been posting requests from various folks that have asked on other forums. Hope your season is going well. Belle 00:19, 17 March 2014 (UTC)

Welcome back, Dave

Dave I'm glad to see you back and I hope you will stay connected. We need some diversity, I think we lost a lot of people when TA went down awhile back. Your knowlege and expertise has been sorely missed.

Welcome back, Dave

Dave I'm glad to see you back and I hope you will stay connected. We need some diversity, I think we lost a lot of people when TA went down awhile back. Your knowlege and expertise has been sorely missed.Actionbsns 23:29, 17 March 2014 (UTC)

Welcome back

Dave, I understand how you feel and it's why I mentioned we need the diversity. We've lost a lot of really good contributors for just the reason you mentioned. Please stay around as long as you can because what you have to contribute is so very valuable. Right now, it looks like Chris is kind of trying to morf his persona into a combination of Harry and himself with some of his lines of comment. A bulletin board can't be entirely successful if only one person is the major responder or contributor.

Personal tools