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Form 1065 / Schedule K-1

Tax Year 2025

Part I - Partnership Information

Partnership Name
Delta Holdings LP
EIN
82-7710005
IRS Center
Ogden, UT
Address
500 Financial Center, Houston, TX 77002

Part II - Partner Information

Partner Name
Iota Investments LP
GP
TIN / SSN
82-7710004
Entity Type
Partnership
Classification
Domestic
Type
General Partner

Ownership Percentage at Year End

Profit Share
40.00%
Loss Share
40.00%
Capital Share
40.00%

Part III - Share of Income, Deductions, and Credits

1
Ordinary business income (loss)
$248,000.00
2
Net rental real estate income (loss)
$58,800.00
3
Other net rental income (loss)
4a
Guaranteed payments for services
$44,000.00
4b
Guaranteed payments for capital
4c
Total guaranteed payments
5
Interest income
$5,310.00
6a
Ordinary dividends
$2,600.00
6b
Qualified dividends
$2,200.00
7
Royalties
8
Net short-term capital gain (loss)
$7,200.00
9a
Net long-term capital gain (loss)
$78,000.00
10
Net section 1231 gain (loss)
$4,800.00
11
Other income (loss)
12
Section 179 deduction
13
Other deductions
14
Self-employment earnings (loss)
$294,000.00
19
Distributions
$194,000.00

Part K - Share of Liabilities

Recourse
$21,000.00
Nonrecourse
$1,372,000.00
Financing
$1,372,000.00

Part L - Capital Account

Beginning Balance
$618,392.00
Capital Contributed
$0.00
Withdrawals
-$194,000.00
Ending Balance
$1,475,202.00