Back to K1 Records
Form 1065 / Schedule K-1

Tax Year 2022

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)
$7,600.00
2
Net rental real estate income (loss)
-$75,600.00
3
Other net rental income (loss)
4a
Guaranteed payments for services
$30,000.00
4b
Guaranteed payments for capital
4c
Total guaranteed payments
5
Interest income
$1,652.00
6a
Ordinary dividends
$1,000.00
6b
Qualified dividends
7
Royalties
8
Net short-term capital gain (loss)
$1,800.00
9a
Net long-term capital gain (loss)
$58,000.00
10
Net section 1231 gain (loss)
11
Other income (loss)
12
Section 179 deduction
13
Other deductions
$27,300.00
14
Self-employment earnings (loss)
$41,000.00
19
Distributions
$46,800.00

Part K - Share of Liabilities

Recourse
$80,800.00
Nonrecourse
$1,148,000.00
Financing
$1,148,000.00

Part L - Capital Account

Beginning Balance
-$487,962.00
Capital Contributed
$0.00
Withdrawals
-$46,800.00
Ending Balance
-$400,210.00