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- Apr 27, 2017
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I receive a K1
This past year, the Limited Partnership I am involved with sold some land.
I received a K1 from the Accountant; however the Accountant states that they no longer have any of the paperwork that would show how they arrived at the amounts listed on my K1
Accountant stated to ask the Attorney for the copies of the closing documents and copies of the disbursements made to each partner.
Apparently the Attorney is refusing to produce those documents. The Secretary for the Limited Partnership states that she does not have any documents.
How should I get these documents so that I can determine what my basis is and figure out my Capital Gains?
This past year, the Limited Partnership I am involved with sold some land.
I received a K1 from the Accountant; however the Accountant states that they no longer have any of the paperwork that would show how they arrived at the amounts listed on my K1
Accountant stated to ask the Attorney for the copies of the closing documents and copies of the disbursements made to each partner.
Apparently the Attorney is refusing to produce those documents. The Secretary for the Limited Partnership states that she does not have any documents.
How should I get these documents so that I can determine what my basis is and figure out my Capital Gains?