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Form 1065 / Schedule K-1

Tax Year 2024

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
Theta Group LP
GP
TIN / SSN
82-7710003
Entity Type
Partnership
Classification
Domestic
Type
General Partner

Ownership Percentage at Year End

Profit Share
60.00%
Loss Share
60.00%
Capital Share
60.00%

Part III - Share of Income, Deductions, and Credits

1
Ordinary business income (loss)
$269,400.00
2
Net rental real estate income (loss)
$32,550.00
3
Other net rental income (loss)
4a
Guaranteed payments for services
$60,000.00
4b
Guaranteed payments for capital
4c
Total guaranteed payments
5
Interest income
$6,222.00
6a
Ordinary dividends
$2,880.00
6b
Qualified dividends
$2,400.00
7
Royalties
8
Net short-term capital gain (loss)
$5,700.00
9a
Net long-term capital gain (loss)
$46,800.00
10
Net section 1231 gain (loss)
11
Other income (loss)
12
Section 179 deduction
13
Other deductions
14
Self-employment earnings (loss)
$333,000.00
19
Distributions
$184,800.00

Part K - Share of Liabilities

Recourse
$57,000.00
Nonrecourse
$2,142,000.00
Financing
$2,142,000.00

Part L - Capital Account

Beginning Balance
$11,616.00
Capital Contributed
$0.00
Withdrawals
-$184,800.00
Ending Balance
$927,588.00