You will have to pay income taxes on $100,000 of that amount. This $100,000 is considered your ``distributive share as a 50% partner. Unless there is an agreement to the contrary, the law and the IRS considers all partners in a partnership as owners of equal shares of the partnerhip.he partnership (i.e., one of the partners) must prepare and provide each partner a Schedule K-1, which shows each partner's share of the partnership's profits and losses. The K-1 forms are then filed with each individual partner's personal tax return.
Before you buy your antenna and spend your hard earned money you need to consider a few things. You need to find the type of antenna that you need, the location of your antenna, your budget, your skill level and the cost effectiveness of the project.epending of the location of your home you may not benefit from getting your TV programming from a TV antenna if you don't get enough channels where you live or, if the channels available in your area don't appeal to you. Before you start you may want to search all the stations broadcasting where you live.
You will also need a length of coax cable between the antenna and the TV that is long enough to allow you to move the antenna around so you can find the location(s) that offer the best reception. For New Installations: 1.Mount the antenna on a section of mast.2.robing involves mounting a TV antenna on a section of mast, connecting it to a TV, and moving the antenna around the outside of your house until you find the location where the TV reception comes in the best. Probing is especially important when the reception of UHF TV channels 14-69 is desired.