qbteachmt
Level 15
03-15-2024
11:46 AM
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Okay, then nothing changed for the partnership. There is no new depreciation. Start here:
It still isn't clear who is benefiting from the payments, which seem to be a buy in and not a purchase of partner interest. It will matter, if you are doing the 1065 and also the individual 1040s.
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Don't yell at us; we're volunteers