USA Balance sheet after acquiring SMLLC

Apr 10, 2018
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United States
Had an LLC (holding company) purchase a SMLLC in a stock deal. There were licenses and permits involved that required a stock deal vs. asset sale.

If the purchase price or capital contribution was, for example, $100k, what assets am I showing on the balance sheet? There is no depreciation available for tax purposes because they had already been depreciated to zero. Do I wrap the entire 100k into a Goodwill/intangible? Or do we still fill out the fixed asset schedule, but simply do not depreciate?


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