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Business & farm
So what I am seeing here is that all along the partnership has reflected the correct individuals as LP's, it is just that the returns have reflected you as an individual as the GP instead of the LLC as the GP. Is that what you are saying?
Does your LLC have an EIN?
I assume that the LLC has no activity other than hold the interest in the partnership?
Who is the decision maker for the partnership?
Does your LLC have an EIN?
I assume that the LLC has no activity other than hold the interest in the partnership?
Who is the decision maker for the partnership?
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
‎June 4, 2019
5:54 PM