Business, 25.06.2020 03:01 Learsyguerra26
Jorge owns two passive investments, Activity A and Activity B. He plans to sell Activity A in the current year or next year. Juanita has offered to buy Activity A this year for an amount that would produce a taxable passive activity gain to Jorge of $115,000. However, if the sale, for whatever reason, is not made to Juanita, Jorge believes that he could find a buyer who would pay about $7,000 less than Juanita. Passive activity losses and gains generated (and expected to be generated) by Activity B follow:Two Years ago (35,000)
Last year (35,000)
This year (8,000)
Next Year (30,000)Future years Minimal Profits
All of activity B's losses are suspended. Should Jorge close the sale of Activity A with Juanita this year, or should he wait until next year and sell to another buyer?
Answers: 3
Business, 22.06.2019 21:50
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Business, 23.06.2019 04:50
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Jorge owns two passive investments, Activity A and Activity B. He plans to sell Activity A in the cu...
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