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To: Jurgis Bekepuris who wrote (52175)8/25/2013 11:43:44 AM
From: Spekulatius  Respond to of 78702
 
Re LAACZ - yes you will get an K-1 at the end if the year. I actually had to ask for it and contact the company itself in the case of LAACZ (typically it is sent automatically).

As far as IRA's are concerned, the UBTI is small but not zero. I suppose it comes from the club operations, not the main real estate operations itself.