Partnership / Group Taxable Income Projection

This page projects the tax reporting position for the Partnership / LLC, showing all tax liabilities and deductions other than the Capital Gain on sale and the Investment Tax Credits, if any.
The format and calculation of this page is ex- actly the same as the second page of output (the Taxable Income Projection ) for the Real Estate Investment Analysis , with the exception of the addition of the “Interest Income” column here for the interest earned on working capital.
There are no Investment Tax Credits in this example. If there were such credits, the amount allocated to the Partners / Members would be subtracted from the “Taxes” columns in the Limited Partner / Group Member Projection (Per Unit) and the General Partner / Managing Member Cash Flow Projection.