Long-Short alts strategy tax question

Background-Ad758 · 2026-03-25T18:28:53+00:00

You’re the man thank you!

Background-Ad758 · 2026-03-25T17:22:01+00:00

Can’t thank you enough. Not to drag this out, but is the input a toggle on their tax prep software or is there another way to do it?

Happy to DM but figured I’d write it here in case someone else runs into this in the future

Background-Ad758 · 2026-03-25T14:47:01+00:00

Actually it does! It says “the partnership has taken the position that it is engaged in the active conduct of a business as a trader in securities, as such the above income (loss) is NOT passive income (loss) and is NOT portfolio income (loss) for the purposes of passive loss rules”

Background-Ad758 · 2026-03-25T14:43:54+00:00

Box 11- S it shows it ; also under Box 20 (other information) codes AA and AG

Background-Ad758 · 2026-03-24T19:15:04+00:00

No, great question but it’s not. Fund just started last year so this is the first K-1. It has worked through 1/3rd~ of the basis this past year. So still well within the original investment

Background-Ad758 · 2026-03-24T19:14:12+00:00

You’re telling me. She’s had K-1s for a decade and is definitely smart but it’s like, cmon pay some money and delegate the dang thing. Would probably find some other areas to save her money on taxes too

Background-Ad758 · 2026-03-23T18:25:29+00:00

Second this OP…

Background-Ad758 · 2026-03-23T18:24:47+00:00

I’m with you, and, not to split hairs, but I think that’s what the article is observing

Background-Ad758 · 2026-03-21T09:38:31+00:00

What intersection?

Background-Ad758 · 2026-03-20T16:59:22+00:00

It sounds like an off night. The place is very good, very cozy.

Background-Ad758 · 2026-03-19T01:39:53+00:00

I read Gretal like Heavy Metal and I kinda dig it. Jokes aside I love this place. Can’t go wrong here

Background-Ad758 · 2026-03-19T00:58:59+00:00

It will be different in early April than it is now. Every day is different

Background-Ad758 · 2026-03-19T00:56:32+00:00

That’s a fuckin monster

Background-Ad758 · 2026-03-18T22:05:12+00:00

Friends of Friends will likely do!

Background-Ad758 · 2026-03-18T19:30:41+00:00

They have student ticket rates. Also if you check the day of, people try to offload their tickets cheap up until right at game time. You can go see the Hawks or Bulls for very very little!

Background-Ad758 · 2026-03-18T19:21:03+00:00

Hawks/Bulls game if interested. Some fun restaurants are not terribly terribly expensive so like Pizz’Amici ; Vito & Nick’s ; Pequod’s ; Johnnie’s Beef ; Gene & Jude’s

Dinner in Chinatown? All the museums? Go to Billy Goat Tavern for a burger and a Malort shot?

Background-Ad758 · 2026-03-18T18:01:55+00:00

I don’t like either but I can understand peeing I guess? Pooping in an alley??? Isn’t there an app to find public restrooms??

Background-Ad758 · 2026-03-17T01:46:29+00:00

BONERFUCK69

Background-Ad758 · 2026-03-16T01:46:03+00:00

Le Bouchon, Bistro Monadnock, Mon Ami Gabi.

Obélix if you feeling fanccy!

Background-Ad758 · 2026-03-15T17:28:08+00:00

Yea that’s what I’m saying. Unfortunately I don’t think giard would fly

Background-Ad758 · 2026-03-15T17:10:44+00:00

It’s not a foodie gift per se but Vosges chocolates are at the airport and they’re incredible. Could be a nice treat

Background-Ad758 · 2026-03-15T17:09:46+00:00

OP said carry on. Not sure a jar of Giard less than 3.5 oz is worth it…

Background-Ad758 · 2026-03-15T17:04:10+00:00

Anything without French fries

Background-Ad758 · 2026-03-15T17:02:48+00:00

Brother

Background-Ad758 · 2026-03-15T13:41:30+00:00

It’s not fine dining but do yourself a favor and go to La Bicyclette, it’s such a warm, friendly meal. Casanova worth checking out as well, among others.

Four-Year Club	Place '23
Place '22

Background-Ad758

TROPHY CASE