The home, which was the sole asset in the LLC, was sold, and there was a significant gain on the property. so that on line 9a, the gain is shown. Our percentage...
I am still confused on where to put the proceeds of the home sale, which was the sole asset in the LLC. I was told to put it under Investment Income - Capital G...
On the K-1, why would there be self-employment earnings(loss) on line 14, which is equal to the business loss on line 1, for the managing partners of the LLC, b...
