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Investors & landlords
Did you get a 1099-S with YOUR name on it and only YOUR portion of the sale proceeds ? If so ALL the partners have problems ... this sale should have only been reported in the partnership's name. And the partnership return must be completed by 3/16/2020 before any of the personal returns can be completed. Seek local professional assistance to get this mess corrected ASAP ... do not try this yourself.
March 8, 2020
4:59 PM