@heybrian wrote:
There was no interest rate set. My contribution was about 10% of the entire cost, so I am entitled to get 10% of the total project net profits. The project took longer than one year, so should be a long-term capital gain. What 1099 would work in this case?
Based upon a scenario where you made a 10% contribution and were entitled to get 10% of the profits as a result, there would be no 1099 that would work.
An agreement to share profits basically creates a partnership; you should be getting a K-1.
