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That's what I'm going to do then.Thanks again!
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So you would ignore the $95K since it's probably a closing entry anyway?I would just hate to be wrong on such a large amount if it could help them.
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Thanks for responding.The ending capital account on the K-1 shows $210,445.
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Hoping to get some thoughts from those who deal with these more than me. Most of the K-1s and partnerships I deal with are small and simple.I have a client who ...
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Since you know this is going to go to a tie-breaker, I would have her make the log of nights and give you a copy for your records to cover yourself.