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Financial Planning / Tax Strategies


Subject:  K-1 form question Date:  4/5/2013  2:16 PM
Author:  tedhimself Number:  118294 of 123001

A fairly large number of Wife's extended family leased a piece of land to an oil company in 2012. One member of the family who is a lawyer set up an LLC.

To keep the math simple, wife's share of the total rental in 2012 would have been $1,100, but the lawyer only sent us $1,000 in 2012 because he is withholding this amount from each member until we g