Is Promote Long Term Capital Gain or Ordinary Income
Just got my share of promote that my firm pays out as incentives to employees. The k-1 says ordinary income. I thought it would be long term capital gains? Anyone has any insight? I hate IRS.
Just got my share of promote that my firm pays out as incentives to employees. The k-1 says ordinary income. I thought it would be long term capital gains? Anyone has any insight? I hate IRS.
+82 | LP coming into deal at higher land basis. How to model returns to GP? | 18 | 8h | |
+76 | Increasing RE Industry's Cash Compensation, Collectively | 43 | 9h | |
+72 | Major Decisions | 13 | 1d | |
+28 | Niche down to an operator or stay an allocator | 9 | 3d | |
+24 | Breaking into CRE late 20s | 7 | 3d | |
+23 | Thoughts on joining an early-stage REPE fund | 7 | 7h | |
+22 | Self Storage ECRI | 9 | 2d | |
+20 | Doom Loop or Creative Urban Reemergence? | 3 | 6d | |
+18 | Henderson Park London | 21 | 8h | |
+18 | How to get good at RE Modelling? | 15 | 5h |
Career Resources
Ducimus numquam dolores et inventore. Quia molestiae perspiciatis ratione corrupti facilis voluptatem sapiente. Quae veritatis quo quibusdam error.
Maxime repudiandae non incidunt eligendi nobis. Facere expedita sunt ea nihil vitae fugiat. Distinctio corporis et omnis commodi corporis. Aliquam omnis voluptatum qui et sed esse. Laudantium tempora in repellendus incidunt facilis. Sint sed atque earum ut et. Beatae id et nisi aut in impedit quis.
Dolorem dolorem explicabo sapiente qui aut. Non exercitationem corrupti qui explicabo in et ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...