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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Yes we pay taxes. Posted by hard money lender on November 20, 2009 at 11:31 PM In Reply to: Yes we pay taxes. posted by JK (the other JK) on November 20, 2009 at 8:13 AM hi jk, an irrevocable trust will have its own tax id number. it has a separate tax return. and it generates k-1's for its beneficiaries. most tht's are revocable trusts - such that i would not think they would carry their own tax id numbers. i am curious - could you give us a little more detail as to how the tax situation is handled ? Follow Ups: Re: Yes we pay taxes. JK (the other JK) 10:06 AM, 11/21/09 (1) Re: Yes we pay taxes. hard money lender 4:53 PM, 11/21/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : hi jk, : an irrevocable trust will have its own tax id number. it has a separate tax return. : and it generates k-1's for its beneficiaries. : most tht's are revocable trusts - such that i would not think they would carry their own tax id numbers. : i am curious - could you give us a little more detail as to how the tax situation is handled ? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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