Since USAHF is an LLC (treated as a partnership for tax purposes) each investor (and the IRS) will receive a schedule K-1 (form 1065) every tax year. The quarterly income received by each investor is classified as passive, ordinary business income (box 1 on a K-1 statement). Please consult with a tax professional for your specific situation.
How is the business income taxed?
by Ameet Dhillon | Mar 17, 2018