Discussion:Oil and Gas General Partner in S Corp
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| Revision as of 05:06, 18 October 2009 R2 (Talk | contribs) (Since liability) ← Previous diff |
Revision as of 17:15, 19 October 2009 Diego (Talk | contribs) (Thank you for cl) Next diff → |
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| {{ForumReplyPost|UserID=R2|Date=18 October 2009|Text=Since liability is limited, this would appear to be a passive loss.}} | {{ForumReplyPost|UserID=R2|Date=18 October 2009|Text=Since liability is limited, this would appear to be a passive loss.}} | ||
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| + | {{ForumReplyPost|UserID=Diego|Date=19 October 2009|Text=Thank you for clarifying.}} | ||
Revision as of 17:15, 19 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
| 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. | |
| 18 October 2009 | |
| Since liability is limited, this would appear to be a passive loss. | |
