http://totallypassive.com/976/in-lp-general-partner-managing-brokerage-account-what-kind-of-income-is-it-for-limited-partner/ Passive income ideas for multiple streams of passive income Mon, 07 Dec 2009 15:00:27 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://totallypassive.com/976/in-lp-general-partner-managing-brokerage-account-what-kind-of-income-is-it-for-limited-partner/comment-page-1/#comment-276 PepsiLim Thu, 26 Nov 2009 19:51:36 +0000 http://totallypassive.com/976/in-lp-general-partner-managing-brokerage-account-what-kind-of-income-is-it-for-limited-partner/#comment-276 depends on what the income is. It would be passive, but interest would still be interest income, dividends would be dividend income, capital gain distributions would be just that, and capital gains/(losses) would be that as well. It should be reported on the limited partners K-1 as such. depends on what the income is. It would be passive, but interest would still be interest income, dividends would be dividend income, capital gain distributions would be just that, and capital gains/(losses) would be that as well. It should be reported on the limited partners K-1 as such.

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