Reading Your First Schedule K-1 From a Real Estate Fund
A real estate fund sends a Schedule K-1, not a 1099. Here is what each box reports, why depreciation makes the number negative in a year cash was distributed, and why extending is normal.
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A real estate fund sends a Schedule K-1, not a 1099. Here is what each box reports, why depreciation makes the number negative in a year cash was distributed, and why extending is normal.
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