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Form 1065 / Schedule K-1

Tax Year 2021

Part I - Partnership Information

Partnership Name
Beta Properties LP
EIN
82-7710009
IRS Center
Ogden, UT
Address
2500 Commerce Blvd, Dallas, TX 75201

Part II - Partner Information

Partner Name
Delta Holdings LP
GP
TIN / SSN
82-7710005
Entity Type
Partnership
Classification
Domestic
Type
General Partner

Ownership Percentage at Year End

Profit Share
35.00%
Loss Share
35.00%
Capital Share
35.00%

Part III - Share of Income, Deductions, and Credits

1
Ordinary business income (loss)
2
Net rental real estate income (loss)
-$322,000.00
3
Other net rental income (loss)
4a
Guaranteed payments for services
4b
Guaranteed payments for capital
4c
Total guaranteed payments
5
Interest income
6a
Ordinary dividends
6b
Qualified dividends
7
Royalties
8
Net short-term capital gain (loss)
9a
Net long-term capital gain (loss)
10
Net section 1231 gain (loss)
11
Other income (loss)
12
Section 179 deduction
13
Other deductions
$73,500.00
14
Self-employment earnings (loss)
19
Distributions
$26,250.00

Part K - Share of Liabilities

Recourse
$122,500.00
Nonrecourse
$2,975,000.00
Financing
$2,975,000.00

Part L - Capital Account

Beginning Balance
-$67,725.00
Capital Contributed
$52,500.00
Withdrawals
-$26,250.00
Ending Balance
-$289,205.00