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Tax Bill

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Q: I am from the island of Maui in the state of Hawaii. I am the president of my families S-corp, The corporation has a property that has a house on it, but it is not considered livable. A home was built by a tenant on the land. The tenant had a 50-year lease. Now the lease ended and the home belongs to our corporation. When the lease was up and the property was turned over to us, we didn't ...

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(EDITOR'S NOTE: Please note the new boilerplate at the bottom of each article, which includes a reference to Ilyce Glink's new book. NOTICE: This Think Glink column must run with copyright. For retransmission or other content delivery inquiries, please contact TCA Customer Service, 1-800-346-8798, tcacustomerservice@tribune.com.) Q: I thought you'd find the following information relevant ...

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