Mike9241. Your response was dead on accurate. Meaning the difference of business expenses vs investment expenses. To get further clarification from Trustee Freeman on these two points she has not been forthcoming. With a response, therefore it must be the investment expenses that she reported to me and not as business expenses. GWG stopped doing business in mid 2022 and since then started their bankruptcy proceedings. Therefore these expenses where tied to August 1, 2023 through December 31, 2023 which tells me that the latter course of action prevailed in this case, as an investment expense. I will not enter these expenses into the K-1.
