Discussion:Oil and Gas General Partner in S Corp

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Diego (Talk | contribs)
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Revision as of 18:55, 17 October 2009

Discussion Forum Index --> Basic Tax Questions --> Oil and Gas General Partner in S Corp
Discussion Forum Index --> Tax Questions --> Oil and Gas General Partner in S Corp

Diego (talk|edits) said:

17 October 2009
Client sole owner of s corp. He wants to invest in a oil and gas partnership as a general partner. Has anyone exxperienced any problems doing this through an s corporation and then passing through the 85% of intangible drilling costs to the 1040.