Capital Accounts EXPLAINED - 2024 Edition
Автор: Trowbridge Nieh LLP
Загружено: 2024-03-21
Просмотров: 1088
Gene Trowbridge, Esq. CCIM of the law firm Trowbridge Nieh LLP explains capital accounts and their importance for investors in LLCs. He discusses how capital accounts track an investor's capital in an LLC, how they are affected by capital contributions, distributions, taxable income, and losses, and how they must be adjusted to zero at the end of an investment. Gene also provides an example to illustrate how capital accounts work in practice. This video is a valuable resource for anyone looking to understand the basics of capital accounts and their role in investment accounting.
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