Yes... especially if the IRS is expecting a return (based on the letter received after applying for the FEIN).

AND, those expenses may or may not be immediately deductible.  Check into the need to capitalized as start-up costs, depending on the fact pattern.

Thank you for your answer.  What will happen whit the losses on his personal return? I know it flows to the Sch E, but will be able to deduct something. The taxpayer does not have other passive income.

1) IF the expenses are deductible at the partnership level, the loss will show on the K-1.

2) The K-1 amounts show on F 1040, Sch E, page 2 IF they are deductible. 

You imply the K-1 is a passive investment; deductibility of passive losses on F 1040 is dependent on many factors.

Is this your first F 1065, and the first time you've dealt with a K-1 on a F 1040?

Yes, it is. Any recommendation ? 

Thanks, 

Find a local mentor, or pass on doing the returns until you have time to do some CPE.

Learning to do taxes via an on-line forum, from strangers,  isn't feasible.