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.
1. Review your options. A simple option is to hide the wires behind furniture like wall cabinets and curtains, while a more permanent option is to conceal the wires in the walls behind the flat screen TV wall mount. The latter option needs pre-existing power outlets especially if the walls are solid.. Determine where and how high on the wall you want the tv. There is no set advice on this; just what is most comfortable for you and the distance where you sit to view TV. If you do mount higher than 5' off the floor, plan on a TILT mount.