Investing 10-99 funds towards real estate to avoid taxes

[Mark Mahoney]

If I have funds from a 10-99 and a K-1 and I planned on investing those funds into real estate, would I still have to pay taxes on those funds?

Example: I have a real estate holdings/property management LLC and bank account. If I get paid in 10-99 for the property management and in K1 from the property distributions and I plan on buying an investment property with those funds, should I still plan on paying taxes on those gains?

Further Example:

$ 75,000 in 10-99

$ 25,000 in K1

Could I just use this 100k to put 20% down on a 500k property? If I did this, would I not be required to pay taxes on these gains?

Thank you in advance and let me know if you need any further clarification.