Preparing K1's for your passive investors


#1

How do deal sponsors prep K1’s? Do they have the property management company take care of this? Or do they have to primarily take care of everything and getting docs to the accountant? Also how much does it cost to do this typically?


#2

In our case it was CPA who prepared them simultaneously with filing taxes. It could be around $1,500 for 30 K-1’s.