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Enter Two or One K-1 When additional Capital is Added to Same LLC?
I received two K-1s from the sponsor of a private equity real estate LLC. The 2nd K-1 documents a capital call. Blocks 1-20 are empty in this second K-1. The only thing that is different in this K-1 (compared to the first) is in section L where the additional capital I contributed and a small capital passive loss are documented
‎June 10, 2024
5:30 PM