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Embery MBAA667 all weeks discussions and assignments

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to funds One of the justifications for these provisions was that state <strong>and</strong> local governments cannot run budget deficits<br />

<strong>and</strong> cannot “print money,” so the recent recession put them in a difficult cash-flow position<br />

Audits of the use of these borrowed funds showed that some of the bond proceeds were used by the jurisdictions to<br />

participate in “public-private partnerships,” where government funds were used to assist private entities in exp<strong>and</strong>ing<br />

in or relocating to the jurisdiction Specific<strong>all</strong>y, bond proceeds were found to have been used to provide targeted roadbuilding<br />

<strong>and</strong> utility construction projects to benefit large commercial entities<br />

1 Is this an appropriate use of the gross income exclusion for state <strong>and</strong> local bond interest? Why or Why not?<br />

2 Read the posts of your classmates <strong>and</strong> reply to at least two of your peers<br />

3 Review the rubric which will be used to evaluate each discussion board posting for this course<br />

It is highly recommended that you submit your initial post by midweek Posting in a timely manner offers your<br />

classmates sufficient opportunity to respond to you in this discussion<br />

For full credit, respond to at least two of your classmates in the forum by the posted due date Review the grading<br />

rubric for detailed grading requirements<br />

<strong>Embery</strong> <strong>MBAA667</strong> Module 33 Discussion latest<br />

33 Discussion: Deductions <strong>and</strong> Losses<br />

5454 unread replies6767 replies<br />

Earlier this year, Troy <strong>and</strong> Ann Hatten, two successful airline pilots made a cash investment for a limited partnership<br />

interest in a Florida orange grove farm In addition to the cash obtained from investors, the grove’s management<br />

borrowed a significant amount of money to purchase the assets required to operate the farm The Hatten’s investment<br />

adviser pointed out that their tax loss for the first year would be more than their initial cash investment The next<br />

several years would bring more losses The Hatten’s feel confident about their investment in the orange grove<br />

1 Identify <strong>and</strong> discuss in detail the tax issues facing the Hattens<br />

2 Read the posts of your classmates <strong>and</strong> reply to at least two of your peers<br />

3 Review the rubric which will be used to evaluate each discussion board posting for this course<br />

It is highly recommended that you submit your initial post by midweek Posting in a timely manner offers your<br />

classmates sufficient opportunity to respond to you in this discussion<br />

For full credit, respond to at least two of your classmates in the forum by the posted due date<br />

<strong>Embery</strong> <strong>MBAA667</strong> Module 43 Discussion latest<br />

43 Discussion: Property Transactions<br />

5858 unread replies6969 replies<br />

John started collecting model airplanes when he was just a young boy His collection consists of over 500 model<br />

airplanes, most of which were received as birthday gifts He is retiring this year <strong>and</strong> needs to downsize, therefore, he<br />

has decided to sell his collection He lists the model airplanes on an Internet auction site <strong>and</strong> receives an offer of<br />

$50,000 for the model airplane collection John sells the entire collection, except for the 3 newest airplanes purchased<br />

in the last year The remaining airplanes had <strong>all</strong> been owned by John for over a year<br />

1 Discuss the tax factors John needs to consider in deciding how to report the sale<br />

2 Read the posts of your classmates <strong>and</strong> reply to at least two of your peers<br />

3 Review the rubric which will be used to evaluate each discussion board posting for this course<br />

It is highly recommended that you submit your initial post by midweek Posting in a timely manner offers your<br />

classmates sufficient opportunity to respond to you in this discussion<br />

For full credit, respond to at least two of your classmates in the forum by the posted due date Review the grading<br />

rubric for detailed grading requirements<br />

<strong>Embery</strong> <strong>MBAA667</strong> Module 53 Discussion latest

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