Harbor LP — 2025 draft v1
Hub
Dashboard
K-1 / Docs
Link K-1s
Workpapers
K-1 vs QuickBooks Income
Returns
Draft Review
Action Items
Carryforwards
Status
In review
Expected K-1s / 1099s for Harbor LP · 2025
Documents received
6
Still outstanding
6
Files on the return
2
Figures keyed
14
6 expected K-1s/1099s have not arrived.
A draft prepared while documents are outstanding may be complete anyway — but check that before agreeing the pass-through lines.
See the full list on Workpapers →
The draft
No draft return selected yet. Drop it below, or pick one already on the
file from Draft PDF above. Figures can still be keyed without it.
Documents on this return (2)
Workpapers, the financials the return was built from, depreciation
schedules, the preparer's email — all of it belongs here. Whichever
one IS the return, set as Draft PDF above; the tie-out reads
that one.
▾ Form 8825 vs the owner / TIC statement
| Line | Description | Per return | Per statement | Difference |
|---|---|---|---|---|
| 2a | Gross rents | — | $2,960,000 | — |
| 18 | Total rental real estate expenses | — | $610,000 | — |
| 19 | Net income from rental real estate
The statement carries no depreciation or amortisation; the adjusted comparison is on the Review list. |
$1,250,000 | $2,350,000 | ($1,100,000) |
Statement figures come from the summary figures captured by hand — attach the statement PDF to the owner-statement record for the full line-by-line ledger.
0 of 7 schedules reviewed
Net income does not agree — off by ($1,100,000).
That is a figures problem, not a classification one: it changes the bottom line.
From Owner's statement (our column): Net rental real estate income (loss).
6 tie · 3 differ ·
43 not evaluable yet.
Every difference is shown, however small. Click a row to see what it is made of and record your call —
material or immaterial is yours, nothing is filtered by size.
▾ Page 1 — Income and Deductions ties 0/4 lines
| Line | Per draft | Expected | Difference | Result | Compared against | Call |
|---|---|---|---|---|---|---|
| Page 1: gross profit = receipts less COGS Page 1 line 3 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: page1 line 3 · page1 line 1c · page1 line 2.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
| Page 1: ordinary business income = total income less deductions Page 1 line 22 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: page1 line 22 · page1 line 8 · page1 line 21.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
| Page 1: total deductions foot Page 1 line 21 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: page1 line 21 · page1 line 9 · page1 line 10 · page1 line 11 · page1 line 12 · page1 line 13 · page1 line 14 · page1 line 15 · page1 line 16c · page1 line 17 · page1 line 18 · page1 line 19 · page1 line 20.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
| Page 1: total income foots Page 1 line 8 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: page1 line 8 · page1 line 3 · page1 line 4 · page1 line 5 · page1 line 6 · page1 line 7.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
▾ Form 8825 — Rental Real Estate Income and Expenses ties 0/3 lines
| Line | Per draft | Expected | Difference | Result | Compared against | Call |
|---|---|---|---|---|---|---|
| Form 8825: income from the property = total income less expenses Form 8825 line 19 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: 8825 line 19 · 8825 line 2c · 8825 line 18.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
| Form 8825: total expenses foot (lines 3 through 17) Form 8825 line 18 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: 8825 line 18 · 8825 line 3 · 8825 line 4 · 8825 line 5 · 8825 line 6 · 8825 line 7 · 8825 line 8 · 8825 line 9 · 8825 line 10 · 8825 line 11 · 8825 line 12 · 8825 line 13 · 8825 line 14 · 8825 line 17.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
| Form 8825: total rental income = gross rents plus other Form 8825 line 2c |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: 8825 line 2c · 8825 line 2a · 8825 line 2b.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
▾ Schedule K — Partners' Distributive Share 3 differ 0/25 lines
| Line | Per draft | Expected | Difference | Result | Compared against | Call |
|---|---|---|---|---|---|---|
| Owner's statement (our column): Net rental real estate income (loss) Schedule K line 2 |
$1,250,000 | $2,350,000 | ($1,100,000) | differs | owner_statement
net income moves
our share, as the statement printed it |
|
|
Schedule K line 2 $1,250,000
=
The statement is on a BOOK basis, so the full book-to-tax bridge sits between this and Schedule K — depreciation, §704(b) and M-1 adjustments. Treat it as context.
| ||||||
| Documents received: Distributions of cash and marketable securities Schedule K line 19a |
$1,395,000 | $732,314 | $662,686 | above docs received | proforma
distributions, not income
from 6 received document(s) |
|
|
Schedule K line 19a $1,395,000
=
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Net rental real estate income (loss) Schedule K line 2 |
$1,250,000 | $277,169 | $972,831 | above docs received | proforma
net income moves
from 6 received document(s) |
|
|
Schedule K line 2 $1,250,000
=
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Form 8825 net rental income carries to Schedule K line 2 Schedule K line 2 |
$1,250,000 | $1,250,000 | $0 | ties | arithmetic
the return's own footing |
|
|
Schedule K line 2 $1,250,000
=
Form 8825 line 23 $1,250,000
The whole rental operation reaches the partners through this one line. If it does not carry, every per-partner allocation is wrong.
| ||||||
| Documents received: Cash contributions Schedule K line 13a |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 13a has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Interest income Schedule K line 5 |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 5 has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Investment interest expense Schedule K line 13c |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 13c has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Net earnings (loss) from self-employment Schedule K line 14a |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 14a has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Net long-term capital gain (loss) Schedule K line 9a |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 9a has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Net section 1231 gain (loss) Schedule K line 10 |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 10 has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Net short-term capital gain (loss) Schedule K line 8 |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 8 has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Nondeductible expenses Schedule K line 18c |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 18c has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Ordinary business income (loss) Schedule K line 1 |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 1 has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Ordinary dividends Schedule K line 6a |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 6a has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Other deductions Schedule K line 13e |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 13e has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Other income (loss) Schedule K line 11 |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 11 has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Other net rental income (loss) Schedule K line 3c |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 3c has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Other tax-exempt income Schedule K line 18b |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 18b has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Qualified dividends Schedule K line 6b |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 6b has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Royalties Schedule K line 7 |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 7 has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Section 179 deduction Schedule K line 12 |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 12 has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Tax-exempt interest income Schedule K line 18a |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 18a has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Documents received: Unrecaptured section 1250 gain Schedule K line 9c |
— | $0 | — | not evaluable | proforma
from 6 received document(s) |
|
|
Waiting on: Schedule K line 9c has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
The pro-forma counts only documents that have ARRIVED, so it is a FLOOR. A draft above it is normal while K-1s are outstanding; a draft BELOW it means the return reports less than we hold paper for.
| ||||||
| Schedule K line 1 ties to page 1 line 22 Schedule K line 1 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: K line 1 · page1 line 22.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
| Schedule M-1 line 9 ties to Analysis of Net Income line 1 Schedule K line an1 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: K line an1 · M1 line 9.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
▾ Schedule L — Balance Sheets 1 differ 0/8 lines
| Line | Beginning of year | End of year | ||||
|---|---|---|---|---|---|---|
| Per draft | Expected | Diff | Per draft | Expected | Diff | |
| Schedule L (beg): depreciable assets net of accumulated line 9b |
— | — | — | — | — | — |
| Schedule L (beginning): liabilities and capital foot line 22 |
— | — | — | — | — | — |
| Schedule L (beginning): total assets foot line 14 |
— | — | — | — | — | — |
| Owner's statement (our column): Partners' capital accounts line 21 |
$18,840,000 | $32,800,000 | ($13,960,000) | |||
| Owner's statement (our column): Cash line 1 |
— | $824,000 | — | |||
▾ Schedule M-1 — Book/Tax Reconciliation ties 0/3 lines
| Line | Per draft | Expected | Difference | Result | Compared against | Call |
|---|---|---|---|---|---|---|
| Schedule M-1 line 5 foots Schedule M-1 line 5 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: M1 line 5 · M1 line 1 · M1 line 2 · M1 line 3 · M1 line 4.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
| Schedule M-1 line 8 foots Schedule M-1 line 8 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: M1 line 8 · M1 line 6 · M1 line 7.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
| Schedule M-1 line 9 = line 5 less line 8 Schedule M-1 line 9 |
— | — | — | not evaluable | arithmetic
the return's own footing |
|
|
Waiting on: M1 line 9 · M1 line 5 · M1 line 8.
Nothing is being asserted about this check — key those figures and it will evaluate.
| ||||||
▾ Schedule M-2 — Partners' Capital Accounts 1 differ 0/6 lines
| Line | Per draft | Expected | Difference | Result | Compared against | Call |
|---|---|---|---|---|---|---|
| Schedule M-2 distributions tie to Schedule K line 19a Schedule M-2 line 6 |
$1,410,000 | $1,395,000 | $15,000 | differs | arithmetic
capital moves
the return's own footing |
|
|
Schedule M-2 line 6 $1,410,000
=
Schedule K line 19a $1,395,000
These can legitimately differ when M-2 also carries property distributions or a non-cash item. Raise it and mark it explained.
| ||||||
| Schedule M-2 ending capital = line 5 less line 8 Schedule M-2 line 9 |
$18,840,000 | $18,840,000 | $0 | ties | arithmetic
the return's own footing |
|
|
Schedule M-2 line 9 $18,840,000
=
Schedule M-2 line 5 $20,250,000− Schedule M-2 line 8 $1,410,000
| ||||||
| Schedule M-2 ending capital ties to Schedule L ending partners' capital Schedule M-2 line 9 |
$18,840,000 | $18,840,000 | $0 | ties | arithmetic
the return's own footing |
|
|
Schedule M-2 line 9 $18,840,000
=
Schedule L line 21 $18,840,000
| ||||||
| Schedule M-2 line 5 foots Schedule M-2 line 5 |
$20,250,000 | $20,250,000 | $0 | ties | arithmetic
the return's own footing |
|
|
Schedule M-2 line 5 $20,250,000
=
Schedule M-2 line 1 $18,400,000+ Schedule M-2 line 2 $600,000+ Schedule M-2 line 3 $1,250,000+ Schedule M-2 line 4 $0
| ||||||
| Schedule M-2 line 8 foots Schedule M-2 line 8 |
$1,410,000 | $1,410,000 | $0 | ties | arithmetic
the return's own footing |
|
|
Schedule M-2 line 8 $1,410,000
=
Schedule M-2 line 6 $1,410,000+ Schedule M-2 line 7 $0
| ||||||
| Schedule M-2 opening capital ties to Schedule L beginning partners' capital Schedule M-2 line 1 |
$18,400,000 | $18,400,000 | $0 | ties | arithmetic
the return's own footing |
|
|
Schedule M-2 line 1 $18,400,000
=
Schedule L line 21 $18,400,000
| ||||||
▾ Schedule K-1 — per partner ties 0/2 lines
| Line | Per draft | Expected | Difference | Result | Compared against | Call |
|---|---|---|---|---|---|---|
| Allocated up to NORTHWIND FAMILY LP: Distributions of cash and marketable securities Schedule K-1 line 19a — NORTHWIND FAMILY LP |
— | $1,255,500 | — | not evaluable | stacked
this draft x the ownership share |
|
|
Waiting on: Schedule K-1 line 19a — NORTHWIND FAMILY LP has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
A pro-rata allocation of this return's own Schedule K. A special allocation, a mid-year admission or a promote/waterfall legitimately breaks pro-rata — this is a signal, not a rule.
| ||||||
| Allocated up to NORTHWIND FAMILY LP: Net rental real estate income (loss) Schedule K-1 line 2 — NORTHWIND FAMILY LP |
— | $1,125,000 | — | not evaluable | stacked
this draft x the ownership share |
|
|
Waiting on: Schedule K-1 line 2 — NORTHWIND FAMILY LP has not been keyed off the draft.
Nothing is being asserted about this check — key those figures and it will evaluate.
A pro-rata allocation of this return's own Schedule K. A special allocation, a mid-year admission or a promote/waterfall legitimately breaks pro-rata — this is a signal, not a rule.
| ||||||
What the figures OUGHT to be, from what this platform already holds. Each source below
either resolved or says why it did not — a comparison that did not run is not
agreement. The bases are different and are not interchangeable, so each row says
what it was compared against.
Documents received (pro-forma) — K-1s and 1099s on hand
Schedule K built from 6
received document(s). This is a floor: a draft above it is the
normal state while K-1s are outstanding; a draft below it means the return reports
less than we hold paper for.
Cash we received
No 2025 distributions recorded from Harbor LP across 1 investment row(s). If the partnership did distribute, the cash has not been booked here yet.
Gross-up — the partnership's total x our share
No distributions figure on a captured owner/TIC statement, so there is no total to gross up from.
Owner's / TIC statement — our column
— Harbor LP · Book basis
Edit our column
Operating statements
— 100% of the property, NOT this return's share
2025 (12 months to Dec) — total income $0 ·
NOI $0 · net income $0 ·
depreciation not reported in these statements.
Open the statements →
These statements are for 100% of the property ($0 total income in 2025). If this return holds a fractional or TIC interest, its Schedule K is a SHARE of these figures, not the figures themselves — so no expected value is offered rather than one that is wrong by the ownership fraction. The totals are shown as context; capture the return's own column from the owner's TIC/ownership statement to get a comparable figure.
The drafts above and below (family stack) — the other draft
The K-1 they issued us
We hold no 2025 tax document for Harbor LP (1 investment row(s) across 1 entity(ies)). Nothing to compare their Schedule K-1s against.
QuickBooks — the books
Not pulled yet — QuickBooks is a live call, so it runs only when asked for rather than on every page load.
Per-entity comparisons key on
the partner name exactly as typed on the K-1 tab. Our entities in this partnership:
Reads the figures off the draft PDF so you don't key them by hand.
Nothing is ever applied automatically — what comes back is a
proposal you accept line by line, each showing the page it was read from so you can
check it against the PDF on the left. Every footing check re-runs the moment a figure
lands, which is what catches a mis-read one.
No draft PDF is selected for this draft. Attach the return and pick it in "Draft PDF" first.
Enter every figure exactly as it appears on the form, including its sign.
Where a form prints a line in parentheses because the line below subtracts it
(M-2 distributions, 1040 line 14), key the positive number shown — the checks carry the minus.
Leave a box blank if you have not keyed it: blank means “not checked”, and 0 means “the draft says zero”.
Lines shown indented are memo figures — a subset of the line above, never added into a total.
Page 1 — Income and Deductions
Form 8825 — Rental Real Estate Income and Expenses
Schedule K — Partners' Distributive Share
Schedule L — Beginning of tax year
Schedule L — End of tax year
Schedule M-1 — Book/Tax Reconciliation
Schedule M-2 — Partners' Capital Accounts
Schedule K-1 — per partner
No prior-year draft on file for Harbor LP on this form.
That is not “no changes” — there is simply nothing to compare against. The comparison
starts working once a second year has been reviewed here.
Questions for Lakeside CPA Group
open
Sch M-2 line 6
Sep 30 · Toviya Slager
Schedule M-2 distributions show $1,410,000 against $1,395,000 on Schedule K line 19a. Which figure matches the distribution ledger?
Open and sent points lead the Word memo —
it is written to be sent, not filed.