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Ledgerline clients Wasatch Ridge Homes
Wasatch Ridge Homes
S corporation · UT · tax year 2026 · Lehi, UT · contact Jared Holm, CFO
What to do next
Approve: Inventory cost rules for homes you sell for Juniper Hollow (24 for-sale homes)
Estimated $117,379 after the $2,950 study fee. Nothing is charged until you approve.
Review and approve Who: You (the builder)
Estimated value after our fee
$191,554
Middle case in today's dollars (7% a year), after our fixed fees · 3 properties · 4 studies waiting on you
Your projects
where each one stands
- $145,078
Juniper Hollow (24 for-sale homes)
Homes for sale · started Apr 1, 2025
- Step
- 1 of 6: Screened
- Who has it
- You (the builder)
Inventory cost rules for homes you sellEnergy-efficient home creditProperty tax appealApprove: Inventory cost rules for homes you sell for Juniper Hollow (24 for-sale homes)
- $38,004
Foothill rentals (4 unsold specs kept as rentals)
Homes for sale (kept as rentals) · started May 1, 2025
- Step
- 1 of 6: Screened
- Who has it
- You (the builder)
Faster depreciation (cost segregation) - $8,472
Sage Flats lots (40 lots)
Lots for sale · started May 1, 2026
- Step
- Not screened
- Who has it
- Nobody (done or not needed)
No studies worth doing yet
Getting started
no sales call needed
Dates coming up
- 67 daysNext lien date (UT) (Jan 1, 2027)
- 324 daysthe tax form (change number 234) for 2026 (Sep 15, 2027)
- 324 daysProperty tax appeal deadline (UT) (Sep 15, 2027)
What we still need from you
- Sage Flats lots: lot takedown schedule and development budget not uploaded
- Juniper Hollow: 6 closing statements still missing (Aug-Sept closings)
- Sage Flats lots (40 lots): no study inputs yet, so only screening estimates are shown
- 38(c) tentative minimum tax: for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035, 2036, 2037, 2038, 2039, 2040, 2041, 2042, 2043, 2044, 2045, 2046, 2047, 2048, 2049, 2050, 2051, 2052, 2053 the credit limit takes TMT = 0 (an upper bound on credits used) because owner AMT inputs (net capital gain and qualified dividends; optional ISO bargain element, private activity bond interest, 56(a)(3) contract and other adjustments) is missing or not coded, and energy-efficient home credit is not a specified credit (38(c)(4)(B)), so AMT could cut the credit used each year: CPA review on Form 6251 / 3800 at the owner level