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Alias Born 02/04/2014

Re: None

Thursday, 03/09/2017 7:30:43 PM

Thursday, March 09, 2017 7:30:43 PM

Post# of 2020
Did anyone own ARPJQ before chapter 11?
Just got K-1 and shows a huge business ordinary income gain. My cpa says it's taxable even tho I lost money on the investment. How can someone have 165,000 business income on a k-1 when they lost money! Does anyone have an answer? I may owe 50k. I can't be the only one asking this?

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