Thanks a lot, Robert...
If I understood your answer correctly... that means the capital invested in the business cannot be used as losses? As opposed to losses I'd have incurred if it were a corporation rather than a LLP?
Putting it another way >>
The balance sheet shows the negative equity. If it were a positive equity, it would be distributed to the sole proprietor as dividend, because it is negative, it is not distributed.
Am I understanding this correctly?
Thanks
Armando
