This K-1 information is then used to report your share of the partnership's income or loss on your personal tax return (Form 1040) using Schedule E (Supplemental Income and Loss).

> E.

you can buy Montalongos and Vertucci's witten materials on E bay for 50 bucks.. flipping houses right now has died down a ton. so Uber caution.

You will have to file under a schedule C vs schedule E.

Just to keep your license you will pay several thousand dollars per year in fees for your brokerage and MLS and Supra E Key, etc.

A lot of times they will say no.....I then will say, I'm not being difficult but I will ask for clarification, because this is in all of our leases....ANYTHING means, cigars, cigarettes, mar%ua7na, vaping, bongs or e-cigarettes.

So e plan is to lose 30-50% of the money in taxes and penalties the day you take the money out?

Something like what RE E-broker used to be.

Quote from @Alexandra E Hartman: Ya this has been exactly what I've been mulling on. 

It would still be shown on your Schedule E, yes?